Watch List notes:

MUNICH: AR medal (31.07g), 1927, Steulmann-XVIII, 2, 40mm silver medal for the 18th German Federal Shooting Competition in Munich by Carl Poellath, Schrobenhausen, XVIII / DEVTSCHES / BVNDES / SCHIESSEN / MÜNCHEN / 1927 above stylized crossed laurel branches // stylized eagle with head right with target behind, all on raised diamond with flanking 19-27, matte finish, with unusual striated toning common to this issue, some reverse hairlines, CARL POELLATH SCHROBENHAUSEN 950 on edge, UNC.

Estimate: 60-80 USD