Watch List notes:

FRANCE, Royal. Louis XVI. 1774–1793. Cast Æ Medal (39mm, 13.43 g, 12h). Fête de la Fédération – Anniversary of the Fall of the Bastille. Manufactured in Lyon. Dated 14 July 1790. POUR LA CONSTITUTION ET LA LIBERTE, two hands clasped around scepter surmounted by a liberty cap and decorated with a bust of Louis right; three lis below / C'EST LE PRIX DE SES VERTUS, Louis standing left, holding constitution and being crowned by two flying cupids, with two standing to either side; in exergue, A PARIS LE 14 JT/ 1790. Hennin 163. Rough brown-gray surfaces, scratches, cast from a holed original. Near VF.

From the J. Eric Engstrom Collection.