Watch List notes:

SPAIN, Reino de España. Carlos III, 1759-1788. 1/2 Escudo 1788 (Gold, 14 mm, 1.65 g, 12 h), Madrid. CAROL III D G HISP R Bust of Carlos III to right. Rev. Crowned arms between Madrid mintmark and M. Fr. 290. KM 425.1. About very fine.