Watch List notes:

GERMANY: Wilhelm II, 1888-1918, AR medal, 1890, 38mm medal by the firm Berliner Medaillen-Münze Otto Oertel, on the acquisition of Heligoland from the British, bust of Kaiser Wilhelm II right / Genius with German flag hanging over the island, the rising sun behind, About Unc. Britain gave up the islands to Germany in 1890 in the Heligoland-Zanzibar Treaty.

Estimate: 120- 150 USD