Watch List notes:

First European Festival of International Yacht Racing, AR Medal, 1911, by Elkington, FIRST EUROPEAN FESTIVAL OF INTERNATIONAL YACHT RACING . 1911 ., crowned and draped bust left, rev. ship sailing right, THE SOVEREIGN OF THE SEAS 1637 on banner below, plain edge, 64mm, 106.37g (Eimer - ; BHM 4088; MH 471/812a), with the most attractive blue toning, with a proof-like brilliance to fields, as struck, in original case of issue, rare.

Estimate: £280 - £350