Watch List notes:

ORDERS AND DECORATIONS, 勳章, Republic 民國: Order of the Golden Grain 嘉禾勳章, Second Class Set of of Insignia, comprising sash badge and breast star in silver-gilt and enamels, stamped "中華民國十二年", "印鑄局勳章製造所製" on the reverse, badge 70mm, star 106mm, with sash in original box of issue. Some enamel damage on the badge, otherwise extremely fine and rare.

Estimate: US$10,000-12,000