Watch List notes:

JAPAN: Meiji, 1868-1912, AR medal (20.90g), year 39 (1906), cf. Zeno-247830, 39mm, commemorating the successful conclusion of the Domestic Products Exhibition in Kyoto, the character haku emblazoned on flag, large chrysanthemum emblem behind // sho ("award") in center, san ka kin tai, shi zen saku sei ("Surrounded by mountains and rivers, this is a natural place to build a city", a phrase attributed to Kammu Emperor [781-806] on the founding of Kyoto) in inner margin, the Four Symbols in outer margin, mirror-like surface with light toning, Proof.

Estimate: 150-200 USD