Watch List notes:

CHINA – MEDALS, 中國 - 紀念章, Republic 民國, Zhao Er Xun 趙爾巽: Silver Merit Medal, ND (1916), Obv facing military bust, "陸¬x上將銜奉天都督趙", Rev crossed flags, "褒¥\" below, 33mm (L&M 946). Very fine.

Estimate: US$450-550