Watch List notes:

CHARLES IV (1788-1808). Proclamation in Querétaro, Mexico. (Ae. 48.18g / 44mm). 1790. Engraver: GA Gil. (Vives 159; RAH 430). Anv: Bust of Carlos IV with jacket, shirt with jabot, band and cloak, around legend: CARLOS IV REY DE ESPAṄA Y LAS YNDIAS. Rev: Warrior on the left with a royal banner and a medallion with two shields, around the legend: PROCLAMED IN THE NOBLE CITY OF QUERETARO BY HIS ALFEREZ ED PEDRO SETIEN, in exergue: ON JANUARY 16, 1790. AU. Some tap on the edge. Beautiful specimen, scarce as well.