Watch List notes:

NGUYEN DYNASTY (ANNAM): AR bài badge (37.92g), cf. Sylvester-6/D/2/2, 56 x 97mm, lenh bai ("order badge") within central rectangle, surrounded by two dragons facing, with one head above & the other below, attached with red cord on badge knob decorated with cloud patterns, protruding bottom with five holes for suspending tassels, light hairlines, AU, ex John Sylvester Jr. Collection.

Estimate: 400-500 USD