Watch List notes:

RUSSIAN MEDALS. CIVIL WAR and SOVIET UNION. ORDERS OF THE SOVIET REPUBLICS. Award Badge of Honorary Red Commander of the Azerbaijan. Unnumbered. Silver and gold. Red enamels. Screwback. Comes with silver plate and small hallmarked silver nut. C/C020500 (R5). According to the latest publication (by N.Strekalov/I.Sisolyatin), only 2 such badges have been observed, including this specimen. Excessively Rare. Condition: Red enamels are chipped, one of the rivets on reverse broken, still very presentable and of the highest craftsmanship quality

Estimate: US$ 15,000