Watch List notes:

CHINA – MEDALS, 中國 - 紀念章, Republic 民國, Chang Hsueh-Liang 張學¨}: White-metal Medal, ND (1936), presented by Chang to graduating officer-cadets at an officer training school established by him in Xian 西安, 34mm, with ribbon (L&M 965). Extremely fine.

Estimate: US$300-400