Watch List notes:

IRAN: temp. Ahmad Shah, 1909-1925, AE medal (8.05g), AH1326, in honor of the group that reinstated the constitution & forced the abdication of Muhammad Ali Shah (1909): bust of the Sattar Khan // lion & sun within wreath, date below, 23 Jumada I 1326, original loop attached, VF, R.

Estimate: 100-140 USD