Watch List notes:

CHINA – MEDALS, 中國 - 紀念章, Republic 民國, Chen Jiong-Ming 陳炯明: Copper Medal, ND (c.1920), Obv facing military bust, Rev sunburst at centre, surrounded by "援閩粤¬x第二¬x從¬x紀念章", 29mm, with suspension loop. Fine, light corrosion.
Chen Jiong-Ming 陳炯明 was Governor of Kwangtung and Commander-in-Chief of the Kwangtung Army

Estimate: US$120-150