Watch List notes:

COINS. 錢幣, CHINA – MEDALS, 中國 - 紀念章, Bronze Advertising Medal, 1903, Obv "MINTING MACHINERY, TAYLOR & CHALLEN LD BIRMINGHAM ENGLAND 1903", Rev coining press, 32mm. One time nickel plated, still visible in lettering, very fine, scarce.

Estimate: US$150-200