Watch List notes:

COINS. 錢幣, CHINA – MEDALS, 中國 - 紀念章, Republic 民國, Tsao Kun 曹錕: Silver Medal, ND (1923), Obv facing military bust, Rev crossed flags and "紀念", 36mm (L&M 960; Kann pl. 189). Extremely fine.

Estimate: US$300-400