Watch List notes:

France, First Republic. Napoléon Bonaparte, as General de l'armée d'Italie, AR Medal. Commemorating the foundation of the Cisalpine Republic. Dated 9 July 1797. Dies by Vassallo and Salwrick. ALL' ITALICO, bust to left, wearing military uniform; H · VASSALLO · F · on truncation / L' INSUBRIA LIBERA, standing facing figures of Pax, holding palm branch, and helmeted France as Minerva, placing the Phrygian cap of Liberty on the figure of Insubria, who is led to left by a putto; I · S · F · on ground line to right, IX LUGLIO MDCCXXXXVII in two lines in exergue. Hennin 793. 43.43g, 47mm, 12h.

Near Mint State; beautiful old cabinet tone. Very Rare in silver.

From the R. T. Collection of Napoleonic Medals from the First French Republic and Empire;
Ex Numismatica Ars Classica - Numismatica Varesi, Auction 115, 28 May 2019, lot 1128.