Watch List notes:

FRANCE, Third Republic. 1870-1940. Æ Medal (83x35mm, 67.51 g). By an uncertain medallist. Cavalry and artillery with caissons charging right across battlefield; early airplane above / Blank. EF.

From the J. Eric Engstrom Collection. Ex J. Henri Ripstra Collection (William O. Coats Auction, 14 February 1975), lot 1828.