Watch List notes:

MEXICO, Estados Unidos Mexicanos. 1905-pres. AR Medal (39mm, 24.90 g, 12h). 25th Anniversary of the Banco de Comercio de Michoacán. Ciudad de México (Mexico City) mint. Dually dated 1943 and 1968. BANCO DE COMERCIO DE MICHOACAN S.A. · ANIVERSARIO ·, winged caduceus; 1943 1968 across field; XXV below / BANCO DE COMERCIO DE MICHOACAN S.A. 1943 1968, equestrian statue within wreath set on plinth; below plinth, coat-of-arms reading CBM/ SA. Grove B43a. Peripheral iridescent toning, a few light scratches. EF. Rare – only 500 struck in silver.