Watch List notes:

MEXICO: Maximilian, 1864-1867, AR medal, ND, Grove-D2676, Vernon-11, MAXIMILIANO EMPERADOR surrounding large bust right / AL MERITO MILITAR surrounded by wreath, signed NAVALON. C. at bottom reverse, with attached loop, 32 mm, brown, choice About Unc, S.

Estimate: 200- 250 USD