Watch List notes:

MONGOLIA: People's Republic, Memorial Badge for the 15th Anniversary, year 26 (1936), 31mm, commemorating the 15th Anniversary of the 1921 Revolution, 5-petaled flower with enameled blue center circle and red petals, gilt Soyombo surrounded by the badge name in Uyghur script // 4-line inscription ("Government of Mongolia, year 26, 7th month"), screw-back with plate inscribed with the mark of the Soviet mint, lovely example with lustrous surfaces, EF.

Estimate: 75-100 USD