Watch List notes:

FRANCE, Revolution of 1848. Cast Silvered Lead Medal (23mm, 10.24 g, 11h). Distribution of Flags to the National Guard. Dated April 1848. GLR IA EXERC ITVS, two soldiers standing facing each other, each holding reversed spear and resting hand on shield set on ground; two signa between / DISTRIBU/TION DES/ DRAPEUX/ AVRIL/ 1848. Collignon, 2e Republique 334. Good VF. An interesting type deriving from Constantinian-era bronze coins.

From the J. Eric Engstrom Collection.