Watch List notes:

Medals by Subject, Transport: Germany, Prussia, 25 Years Long Service, silver badge, by Johann Wagner & Sohn, a winged wheel, crowned, 25 on tablet below, wreath around, with original pin fastener, 43 x 53mm.; Ethiopia, Menelik II, the Djibouti to Addis Ababa Railway, by J. C. Chaplain, bronze medal, EE1895 [1903], crowned bust of Menelik right, rev. a locomotive to left, 32mm. (Gill M41; Moyaux 575; Swan 397-398), ball and ring suspender, soft relief; Belgium, International Railway Congress, Brussels, bronze medal, 1935, by C. Devreese for Fonson, 50.5mm., all good very fine (3)
Ex Baldwin's vault
The second medal's reverse shows SLM [Swiss Locomotive and Machine Works] steam locomotive No. 1 'Lion', the railway's first locomotive. The third commemorates the 'Centenaire des chemins de fer Européens' and the 50th anniversary of the Association