Montenegro, Kingdom. A 1912 Montenegro Balkan Alliance Medal certificate_of_authenticity Hermenegildo was founded in Spain

Hermenegildo was founded in Spain by King Ferdinand VII after the end of the Peninsular War

Iwashita PING YANG KOREAN" artist's palette studio insignia on the reverse

It is maker marked in gold ink "WELSH & JEFFERIES Ltd

some of the fluid appears to have evaporated with an air bubble forming

Montenegro, Kingdom. A 1912 Montenegro Balkan Alliance Medal certificate_of_authenticity Hermenegildo was founded in SpainA 1912 Montenegro Balkan Alliance Medal Introduced in 1912, this Medal commemorates Balkan Alliance. Medal is struck in silvered bronze, in Prague, and measures 35 mm. Mounted on authentic ribbon and in extremely fine condition.