Navy Bravery Medal, in Gold, Type II (stamped "PB")
Estimated market value:
Statutes of this medal do not exist but it has been presumed to be awarded Naval Officers, Lieutenants, scholars and astronomers.
Some sources state that the medal could have been awarded on a gold chain, although with the lack of statutes this is unclear.
Obv: FREDERICUS III D G REX NOR V G
the Royal Mint, Copenhagen
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