Watch List notes:

IRAN: octagonal AR service medal (20.15g), ND, 36 mm; service badge for the police at Bandar-e Pahlavi, the most important Iranian port city on the Caspian Sea, now called Bandar-e Anzali, inscriptions in Persian and French, badge #769, issued circa 1920s-1950s, EF, R.

Estimate: 100-150 USD