Watch List notes:

Guatemala, 1 real proclamation medal, Ferdinand VII, 1808, FERDIN variety, no PGA, NGC AU 58. Cal-545; Herrera-16 var; Medina-297; Grove-F60. The 1R 1808 proclamation medals of Guatemala come in several varieties, covered by Herrera and Medina and Grove but oddly not all of them in any one reference, this one being the type with FERDIN . HISP . VII . GUAT . II . in the obverse legend but without the engraver's initials PGA below the bust (note the NGC label and census do not distinguish between absence and presence of the PGA, this being just one of two in the census, curiously listed under Mexico). Bold strike with deep rims, nice toning, light hairlines to right of bust, somewhat scarce as non-holed.

Estimate: $300 - $450