Watch List notes:

George IV (1820-30), George IV, Laudatory or Tribute Medal AE, 1823, signed I.S., armoured, draped and laureate bust right, his hair piled high, GEORGIVS IV. REX, rev. Victory seated on globe bearing the Hanoverian horse, among naval and military trophies, emblems of the arts, etc., her right arm holding a laurel wreath and raised triumphantly, REGI OPTIMO POTENTISSIMO, dated in exergue MDCCCXXIII, 57.5 mm, 129.37 g (BHM.1204, R4, and supplement; BDM.V, 291; Fiala 817 [misattributed to J. S. Tanner]), an unusual portrait, from slightly rusted dies, extremely fine and exceedingly rare.
bt. DNW, 1 July 2008, lot 2085; probably the same specimen as Buckland, Dix & Wood [later DNW], Auction 9, 9 December 1994, lot 586
One of the rarest of all the medals of George IV. Brown (BHM) records it on the basis of the only specimen known to him, that in the Ashmolean Museum and formerly in the collection of Col. M.H. Grant, perhaps the foremost collector of nineteenth century medals in the pre-World War II period. The reverse design is very Dassier-esque and the Latin inscription on the reverse ('To the best and most mighty of Kings') suggests that the medal may be associated with a Royal visit or some other state occasion. The prominence of the Hanoverian horse might indicate a German connection.
Estimate: £800 - £1,200