Watch List notes:

RUSSIAN MEDALS. CIVIL WAR and SOVIET UNION. ORDERS OF THE SOVIET REPUBLICS. Order of the Red Banner of Labor of Khoresm. Unnumbered. Silver. Red enamels. Screwback. C/C 130500 (R3). Herf 1.23. Kuts pp. 218-230. Only about 50 issued. Extremely rare Condition: Very minor enamel chips, extremely fine for type

Estimate: US$ 60,000