Watch List notes:

BRAZIL: Republic, AR medalet (14.78g), 1930, Kaiser-545, 30mm silver medalet for visit of the Zeppelin LZ 127 by J. Peon, zeppelin floating above mountain and jungle scene with "CONDE ZEPPELIN"125 DE MAIO DE 1930 above and ornate border around // dual arms of Brazil and Germany amongst oak leaves with * HOMENAGEM DOS AMIGOS DA ALLEMANHA NO BRASIL around, surrounded by an ornate design, with FRIEDRICHSHAFEN. SEVILHA. RECIFE. RIO DE JANEIRO. HAVANA. LAKEHURST. around all, with loop at top, VF. A similar piece with ribbon sold at Felzmann Auction 150, Lot 2480 for $312.

Estimate: 150-200 USD