Watch List notes:

FRANCE: Louis XVI, 1774-1792, AE medal, 1783, Malpas-3, bronze medal for the First Balloon Flight by N.M. Gatteaux, after a design by Houdon, conjoined busts of the Montgolfier brothers left with JOSE.ET ETIEN. MONTGOLFIER / POUR AVOIR RENDU L'AIR NAVIGABLE around // balloon rising above rain clouds from the Champ du Mars with EXPERIENCE DU CHAMP DE MARS 27.AOUST / 1783.ENVERTU D'UNE SOUSCRIPTION / SOUS LA DIRECT.DEM.FAUJAS / DE StFOND. around, plain edge, 42mm, EF. The first flight carried a 9kg load from a hydrogen gas balloon, the ride lasting 45 minutes. The first manned flight took place in December 1783.

Estimate: 300-350 USD