Watch List notes:

Uruguay, silver oval officer's military medal, 1865, Battle of Yatay. 14.39 grams, 1-1/4" x 1" Choice UNC with prooflike fields and only a small scrape on outer rim at 9 o'clock, mottled rainbow toning on obverse, much less so on reverse with some faint orange toning around text, a few pieces of blue ribbon attached to hanger by thread (hanger, loop, and ribbon are probably not original).
(150 - 225 USD)