Watch List notes:

RUSSIAN COINS AND MEDALS, Alexander II, 1855-1881, Medals of Alexander II, Medal. Bronze. 45 mm. By M. Kuchkin. Centennial of the Imperial Liberal Economic Society, 1865. Diakov 735.1, Sm 667. Medallic portraits of Catherine II and Alexander II facing each other, angel, holding wreath and branch, above, signed below / Beehive with swarm of bees, centennial dates below. Tiny obverse spot. Deep root beer-brown. Uncirculated
Ex World Art Medals Auction, 'Russian Medals', Part III, Philadelphia 1981, lot 775.

Estimate: $150