Watch List notes:

NCC (NORWOOD CYCLING CLUB), 1901-1902, in gilt and silver (28mm), with hallmark, possibly from Channel Islands, missing suspension and possibly missing a circular surround frame, reverse inscribed, 'Presented by Wm Coward Jnr./Won by/E.T.Lucas./Highest Points/10.15.25 miles/Road Races/. Very fine.

The Norwood Cycling Club, the oldest cycling club in the southern hemisphere, is in Stepney, Adelaide, South Australia.