Watch List notes:

HONG KONG: AR medal (20.87g), 1940, 35mm, HONG KONG RIFLE ASSOCIATION around crossed rifles // hand engraved S.R. a CHAMPIONSHIP / AGGREGATE / 1940, hallmark on edge 90 LC (for Lan Chan - Hong Kong silversmith), EF. The acronym SRa may possibly refer to Small Rifle - Amateur.

Estimate: 125-175 USD