Watch List notes:

NGUYEN DYNASTY (ANNAM): AE bài badge (19.23g), Sylvester-, 28 x 71mm, xuan phuc xa ly truong ("Head of Xuan Phuc Commune" in Nhu Thanh District, Thanh Hoa Province) within rectangular border, attached with red cord on badge knob, some roughness, VF-EF, ex John Sylvester Jr. Collection.

Estimate: 150-200 USD