Watch List notes:

IRAN: Muhammad Ali, 1907-1909, AR medal (41.40g), AH1326, Rabino-75, 45.5 mm; bust of the Shah surrounded by a selection of military objects, including drum and bugle // enwreathed lion & sun, crown above, mount removed (noticeable only on the edge), VF to EF.

Estimate: 350-450 USD