Watch List notes:

FRANCE, Royal (Restored). Louis XVIII. 1814-1824. Æ Medal (50mm, 67.71 g, 12h). Restoration of the Spanish Throne. By Gayrard. Struck 1823. LVDOVICVS • XVIII • FRANC • ET • NAV • REX, head right, with hair tied in ribbon / ARMIS GALLIAE VIRTUTE DUCIS, French soldier in Roman dress standing right, holding sword and shield, driving off enemy holding torch, with toga covering face; to left, coat-of-arms and Hispania seated right, holding two infants; in exergue, A FURORE REBELLIONIS/ HISPANIA LIBERATA. Collignon 388. Brown surface, a few marks. EF.