Watch List notes:

(1908) Royal Naval Volunteer Reserve Long Service and Good Conduct medal. Silver, 36 mm. MY-222. Edge mount with straight bar swivel suspension. Choice About Uncirculated.
Edward VII. 70409 A. BAILEY, SEAn. 1CL., R.N.R. impressed on edge. Bright and reflective, retaining full brilliance and sharpness, with just a few trivial hairlines.

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From the Gem Collection.

Estimate: $300 - $500