Watch List notes:

FRANCE: Third Republic, AE jeton, 1871, 28mm Defeat of Sedan satirical token, type C obv 3 / rev 2; GUILLAUME LE CRUEL (William the Cruel) / NAPOLEON III LE LACHE (Napoleon III the Coward) around inverted connected military portrait of Napoleon III wearing Prussian helmet and laureated bust of William I of Prussia // LES VAMPIRES DE LA MORT (Vampires of Death) / 1870-1871 around crowned owl holding cross bones, a superb mostly red lustrous example! PCGS graded MS65 RB, ex Joe Sedillot Collection.

Estimate: 75-100 USD