Portugal, Republic. A Military Exemplary Conduct Medal, II Class Silver Grade, c.1925
(Medalha de comportamento exemplar). Instituted in 1863. Type VI (Post 1919). In silver, Lisbon hallmarked on the obverse, measuring 33 mm (w) x 38.7 mm (h) inclusive of its laterally-pierced ball suspension, very dark patina on the obverse, light contact, original ribbon suspended from a traditional horizontal hanger, better than very fine.

