Watch List notes:

Manila, Philippines (under Spain), large gilt-bronze medal, Charles III, labor award (Aplicacion al Trabajo), engraved by Gil, ca. 1782, very rare. Vives-58; Basso-702a. 46.73 grams, 49mm. Obverse with right-facing bust of king above engraver's signature J . GABRIEL . GIL . within legend * CARLOS * III * INSTITUIDOR * / * BENEFICIO *; reverse with standing farmer holding basket and handing flax to woman seated at spinning wheel within legend APLICACION * AL * TRABAJO with MANILA in exergue. Choice AU+ with minimal marks and hairlines, nice luster, trace of rainbow toning around details, very well gilded with no trace of bronze exposed.
($2,500-$5,000)