Watch List notes:

Railways, France, Napoleon III, Construction of the chemin de fer de ceinture de Paris, copper medal, 1854, by A. Bovy & L. Merley, head of Napoleon III to l., rev. a steam train on the Pont Napoleon, the Paris cityscape beyond, City arms and emblems below, 77mm. (Moyaux, 153; Divo 224; Swan 269), extremely fine

Estimate: 70 - 90 GBP