An interesting satirical issue, this design actually caused a bit of a problem for Gies, in that the German authorities viewed it as calling out the German war effort and casting doubt upon those in power who were seen to be "warmongering." All examples of the type at the time were seized, and their ability to circulate among the collecting community was put on hold until 1919 following the conclusion of the war. In an attempt to assure the German authorities, Gies cited the oversized soldier's head to be the German God of War warning the Italians against taking a rash step, and not critical of the war. Whether that was its intended message or made up in order to take the spotlight off Gies, it does, as mentioned in The Art of Devastation, "...make it the only known case in which the stated reason for suspicion of a medal's circulation is a pacifist position" (p. 113). In light of the current landscape within Russia and the suppression of any coverage deemed "unsupportive" of the atrocities in Ukraine, it strikes a direct parallel to this much earlier persecution for an apparent "lack of patriotism."
Estimate: $200 - $400