Watch List notes:

Spain, Charles III (1759-1788), gold 4 Escudos, 1782 M-JD, Madrid mint, bare bust right, date below, Latin legend and toothed border surrounding, CAROL. III. D. G. HISP. ET IND. R., rev. crowned coat of arms of the House of Bourbon centre dividing denomination 4 S, all within ornate chain of the Order of the Gold Fleece, M and JD below, Latin legend and toothed border surrounding, IN. UTROQ. FELIX. AUSPICE. DEO, edge reeded, 13.50g (Fr. 284; KM 418.1; Cal. 1787). Lightly worn with some nicks and bagmarks, good fine.

The Latin legend on the obverse translates as "Charles the Fourth by the Grace of God, King of Spain and India," and on the reverse as "Under the gaze of God, in one world and the other."