Watch List notes:

Commemorative Medals, Netherlands, the Treaty of Armed Neutrality at Sea, silver medal, 1781, by J. M. Lageman, sailor with paddle adorned with the Dutch lion, leaning on plinth with the shields of Denmark, Russia and Sweden, rev. rhyming Dutch couplet relating to the alliance against British interference in commerce at sea, 31mm., wt. 10.61gms. (Betts 573; vL. 553; Hildebrand II, 181/58; J. J. Ford, XIV, 231), toned, extremely fine and rare

($500-600)