Watch List notes:

Potosi, Bolivia, medallic 1 sol, 1852, Belzu / Bacchus sunface, struck over a cut-down Peruvian Zepita military decoration of 1823, unique, PCGS MS62. Burnett-50; Fonrobert-9570; struck over Fonrobert-9265, Salbach-983. 4.00 grams. Obverse with angel flying to right above clouds, blowing horn to left and holding laurel wreath in left hand encircling VA [in monogram] / BELZU within legend EL DEPARTAMENTO DE POTOSI EN and date 1852 at bottom; reverse with radiant Bacchus sunface inside legend AL PRESIDENTE DELA REPUBLICA; reeded edge. Choice bold strike (but face of Bacchus flat) with matte surfaces without marks or wear, but most important aspect is that faint lettering can be seen in the fields to prove the host was a central disc cut from a very rare (irregularly hexagonal) Peruvian 1823 Battle of Zepita medal (one of which with original ribbon we sold for over $10,000 in Auction 16) from the time of Simon Bolivar, a unique and surprising item indeed.
($1000-2000)