Watch List notes:

Popayan, Colombia, 4 reales proclamation medal, Charles IV, 1790, Tenorio, corded edge, NGC AU 53. Restrepo-p. 121; Herrera-186; Medina-213. 33mm. Obverse with armored bust of Charles III [sic] within legend CAROL[rosette]IV[rosette]D[rosette]G[rosette] HISP[rosette]ET IND[rosette]R[rosette].; reverse with mountains and city above TENORIO. within legend [rosette] PROCLAMATUS [rosette] IN [rosette] CIVIT [rosette] POPAIANENSI [rosette] with date 1790 at bottom. Lightly toned over luster, with lots of small (natural) flaws but minimal wear, second finest in NGC census behind a single AU 55. NGC #6442565-029. Pedigreed to the Bernal Collection (stated on label).
($600-900)