Watch List notes:

MEXICO: Carlos IV, 1788-1808, AE proclamation medal, 1790, Grove-C-78b, Fonrobert-6823, 47mm, bronze medal by G. A. Gil, Commemorating the Fidelity of José Mariano de Sardaneta and Llorente, A CARLOS IIII Y LUISA RE DE ESPANA Y DE LAS YNDIAS EN SU FELIZ EXALTon AL TRONO, busts of king and queen, their names and titles in legend, designer's name below busts // CONSAGRO ESTE MONUMENTO DE FIDELIDAD EL MARQUES DE SAN JUAN DE RAYAS Y LE / PROCLAMO EN GUANAXUATO, ornate arms of the Marqués, date below, a lovely example! NGC graded MS65 RB. This type was struck to commemorate the fidelity of José Mariano de Sardaneta and Llorente, Segundo Marqués de San Juan de Rayas in Guanajuato. Ironically, he would later be exiled to Spain for conspiracy and would later return and become part of the Mexican Independence movement where he would sign the Act of Independence of the Mexican Empire in 1810.

Estimate: 200-300 USD