Watch List notes:

NICARAGUA: Republic, AR medal (16.51g), 1921, Flores-F/NM-8, 36mm, silver medal for the Centennial of Central American Independence, robed female figure standing three quarter right with left arm extended into a laurel branch background with CENTENARIO / DE / CENTRO AMERICA / 1821-1921, laurel spray in field to lower right // Nicaraguan arms with 15.DE SETIEMBRE / 1821-1921 below, all within laurel wreath, plain edge, with attached loop, without ribbon, EF.

Estimate: 150-250 USD