Watch List notes:

TURKEY: Mahmud II, 1808-1839, AR medal (7.53g), 1833//AH1249, NP-1085, 27mm, toughra in wreath / wreath star & crescent, without hole, struck to commemorate the Treaty of Hünkar Iskelesi between Turkey and Russia, choice EF, RR. This piece, which has not been pierced for loop (as they often are) for attachment of a ribbon, was issued in very limited quantities, perhaps only for presentation to the highest officials and international representatives. A similar specimen fetched £2500 (then about $4998) at the Spink Auction 7018, Lot 621.

Estimate: 600- 800 USD