Watch List notes:

FRANCE, Royal (Restored). Louis XVIII. 1814-1824. Æ Medal (50mm, 65.66 g, 12h). Triumph of the Duc d'Angoulême. By Andrieu and Gayrard. Puymaurin, director. Dated 1823 (in Roman numerals). LVDOVICVS • XVIII FRANC • ET • NAV • REX, head right, with hair tied in ribbon / REDVCEM EX HISPANIA, the Duc d'Angoulême on horseback left, holding flag and followed by soldiers; to left, Paris and three female figures; above, Victory flying left, holding wreath and palm frond; Arc de Triompe in background; in exergue, DVCEM · CVM · EXERCITVS/ REBVS · FELICITER · CESTIS/ LVTETIA · EXCIPIT/ ANN · MDCCCXXIII. Collignon 394. Brown surfaces, light marks. EF.