Watch List notes:

Germany, Naumburg, the Bishop's Dispute of 1543 [Naumburger Bischofsstreit], cast silver medal, linked heads to both sides, the Pope and Devil, MALI C[O]RVI MALVM OVVM, rev. Jester and Cardinal, ET STVLTI ALIQVANDO SA PITE. PSAL. XCII, 35mm. (Whiting 48; cf Goppel 121), pierced, well cast on thin flan, very fine, scarce

Estimate: 80 - 120 GBP