Watch List notes:

NGUYEN DYNASTY (ANNAM): Bao Dai, 1926-1945, gilt 4 tiên (14.83g), Barac-25, cf. Joyaux-624, 36mm, bao dai thong bao around small pearl with 9 flames, 6-stroke bei, 2-dot thong // phi long ("flying dragon") left, pierced at top & bottom and attached with red-yellow-green ribbon, choice AU, RR, ex John Sylvester Jr. Collection. This particular example resembles the flying dragon-type tiên of the previous emperor, Khai Dinh, more closely than any other examples of Bao Dai. Furthermore, the regnal name is engraved in higher relief than thong bao, indicating that this was made from a reworked obverse mold.

Estimate: 600-800 USD