Watch List notes:

NGUYEN DYNASTY (ANNAM): Bao Dai, 1926-1945, AR 2 tien (10.44g), cf. KM-XM3.4, Joyaux-725, 32mm, bao dai bao giam around large pearl with 9 flames, 7-stroke bei // thai cuc at center, surrounded by a ring of dots, nhi nghi ("yin & yang"), flanked by two flaming pearls and cloud patterns, attached with red-yellow-green ribbon with resin, VF, R, ex John Sylvester Jr. Collection.

Estimate: 300-400 USD