Watch List notes:

Tokens, British, Warwickshire, Birmingham, penny-sized medal in silvered gilded copper, second anniversary of the French Revolution, 14th July 1791, human-headed dragon suckling devil who holds flag bearing crown, cap of liberty on top, OUR FOOD IS SEDITION, rev. serpent moving through grass, sun's rays above, NOURISHED TO TORMENT, edge not in collar (DH./McK.34a), from the flawed obverse die, about extremely fine and retaining some brilliance, unrecorded in this fabric and thus presumably exceedingly rare
*ex Baldwin's vault
Test marks on the edge strongly suggest that the core metal is copper, gilded and then silvered.
(180-300 GBP)