Watch List notes:

Tunisia, Muhammed al-Sadiq Bey (1276-1299h/1859-1882 CE), Nichan Iftikar decoration with original ribbon, enamelled, wt. 33.09gms, good very fine
On the reverse it reads (in Arabic) "Dar as-Sekkr" indicating that the decoration was produced by the Tunis Mint. The date below reads 1291.

Estimate: 70 - 80 GBP