Watch List notes:

Kienast, Gunter W., The Medals of Karl Goetz, Cleveland, Ohio, 1980, Artus Company reprint of 1967 original, 284 pages, hardcover. The satirical pieces of Karl Goetz are probably the most highly sought of twentieth-century medals. By applying the style of modernist cartoon art popular in posters and the scatological humor of earlier satirical medals to the renaissance format of the cast bronze medal, Goetz produced a series of works that movingly convey German triumphalism during the first World War, its nationalist and racist response to the humiliating defeat of the war, and the growth of nihilistic culture that culminated in the Nazi movement. After Goetz, the medal was never again the same; the Beaux-Arts style of the late nineteenth century evident on many of the other medals of the First World War was shown to be inadequate for expressing the concerns of the new age.

Estimate: 60-80 USD