Watch List notes:

MEDALS, 中國 - 紀念章, Qing Dynasty 清朝 / Germany 德國: Brass Souvenir Medal, undated, marking service by German soldiers in China, probably at the time of the Boxer Rebellion, 八國聯軍 1900, Obv Kaiser Wilhelm II right, legend UNSER ZUKUNFT LIEGT AUF DEM WASSER (our future lies on the water) around, Rev facing bust of soldier in uniform, ERRINER. AN MEINEM AUFENTHALT IN DEUTSCH-CHINA (souvenir of my time in German China), 27mm, suspension loop. Very fine.

Estimate: US$100-150