Watch List notes:

BRAZIL: AR medal (14.87g), 1874, Meili (2nd ed.)-807, 32mm silver medal for Club de Regatas Guanabarense by Venerando Correia da Masceno, anchor with crossed halberds behind with CLUB DE REGATAS GUANABARENSE* around // two rowboats racing on water with tall oak in distance and NOVE DE AGOSTO - 1874 around, with ring and ship's wheel ornament at top, lightly cleaned, mostly retoned, plain edge, AU, S, ex Heritage Auction 3040, Lot 31683 (part).

Estimate: 90-110 USD