Watch List notes:

CHINA –臆造品, ORDERS AND DECORATIONS, 勳章, Republic 民國: Hua Zeo Medal of Honour 華¬H榮譽獎章, ND (c.1940s), in silver-gilt and enamels, Rev stamped "民益" and "No. 5415", 39mm, with suspension loop and ribbon. Very fine.

Estimate: US$150-200