Watch List notes:

MEDALS, 中國 - 紀念章, Republic 民國, Chen Qi-Mei 陳其美: Silver Medal, 1912, Obv "名譽" surrounded by "THE UNITED PROVINCES OF CHINA" flanked by twigs and flowers, Rev "中華民國軍政府滬軍都督贈 黃帝紀元四千六百有九年", 38mm. Lightly toned, about extremely fine, scarce.
Chen Qi-Mei 陳其美 was Military Governor of Shanghai in 1912.

Estimate: US$150-180