Watch List notes:

CHINA: Kuang Hsu, 1875-1908, silvered AE medal, 1896, L&M-935, on the visit of the Chinese viceroy Li Huang Chang (1822-1901) to the mint in Hamburg, half-length portrait Chang facing with hat / Hamburg coat of arms, very rare type with city arms, light surface hairlines, Unc, RRR. A similar example sold in Fritz Rudolf Künker Auction 246, Lot 3182, for €7,000.

Estimate: 5,000- 7,000 USD