Watch List notes:

NEW ZEALAND: State, AR medalet (2.11g), 1908, 19mm silver medalet to Commemorate the Visit of the American Fleet, shore fortification in center with AUCKLAND NEW ZEALAND - 1908 around // crossed New Zealand and U.S. flags at center with TO COMMEMORATE VISIT OF AMERICAN FLEET around, with added loop and ring for suspension, with a bit of silver solder obliterating most of the I of VISIT, lightly toned, plain edge, AU.

Estimate: 125-175 USD