Watch List notes:

AUSTRIA, Holy Roman Empire. Josef II & Maria Theresa. 1765-1790 and 1745-1780. Æ Satirical Medal (40mm, 16.19 g, 6h). Of uncertain Dutch(?) manufacture. Struck 1765. IOSEPHUS DUX AUSTRIA &, Josef standing facing, drawing sword, with arm out of coat sleeve; crowned Austrian coat-of-arms to lower right; crowned comical eagle to left / MARIA THERESA ROME KAYSERIN, Maria Theresa seated facing, young Josef on lap. Cf. Julius 626 (for similar medal with obverse of Franz I). Good VF.

From the J. Eric Engstrom Collection. Ex J. Henri Ripstra Collection (William O. Coats Auction, 14 February 1975), lot 1581.