Watch List notes:

FRANCE: AE medal (143.0g), ND (1912), PBE-605, 68mm gilt bronze medal on the subject of Aviation, by F. Montagny, nude female figure flying above monoplane with hawk above and bridges and city at bottom // large bird wings draped along margins to left and right connected by broken chains, with blank plaquette in center and AVIATION below with globe at bottom, BRONZE and cornucopia privy mark on edge, choice About Unc, R. Photo size reduced.

Estimate: 90-120 USD