Watch List notes:

FRANCE, First Empire. Napoléon I. 1804-1814. Æ Medal (41mm, 34.94 g, 12h). Encampment at Boulogne and the Planned Invasion of England. By Droz. Denon, director. Dated L'an 12 and 1804. NAPOLEON EMPEREUR, laureate head right; J. P. DROZ F. in exergue / EN L'AN XII 20000 BAR QUES SONT CONSTRUITES, Hercules subduing the English Lion; in exergue, DENON DIREXIT ·/1804 · in two lines in exergue. Bramsen 320. Brown surfaces, light carbon spotting, hairline die break on reverse. EF.

From the DMS Collection. Ex Stack's Bowers & Ponterio (11 January 2018), lot 22540; CNG Inventory 985518 (October 2014); Varesi 64 (29 April 2014), lot 128.