Watch List notes:

ECUADOR, Republic. 1830-present. Cast Æ Medal (79.5mm, 319.80 g, 12h). On the Centenary of the Battle of Pichincha, 24 May 1822. By Luigi Casadio. Dated 1922. CENTENARIO DE LA BATALLA DE PICHINCHA, General Antonio José de Sucré right on horse standing on ground line, holding raised sword; L. CASADIO above ground line; date in exergue / Phalanx of soldiers marching left on ground line in battle line before lighted altar; above, Victory, wearing Phrygian cap, flying left, holding torch and hem of garment; below, allegorical figures; L. CASADIO to left; 24 DE MAYO/DE 1822 in two lines in exergue. Edge: AD/& CIE in triangular incuse and BRONZE. See iNumis 16, lot 1670 (for another example). EF, edge bumps.

From the J. Eric Engstrom Collection.