Watch List notes:

BRITISH COMMEMORATIVE MEDALS. James I, Alliance of England, France and the United Provinces 1609, Silver Medal, by G van Bylaer, struck in Dordrecht, a hand from heaven holds a cord connecting the shields of arms of England, France and the United Provinces, rev legend and date in ten lines, ORD FOED BELG A REGE HISP ...., 52mm (MI 197/22; vL II, 50; Eimer 89a).Choice extremely fine, steel grey tone.
After 42 years of war, Spain recognised Dutch independence and, grateful for the intervention which led to peace, the United Provinces renewed their treaty of alliance with Britain and France.

Estimate: £2000-2500