Winter Olympic Games, St Moritz, 1948, a bronze Participant’s medal by P.-A. Droz for Huguenin Frès, robed female flying left over symbolic mountain peaks, rev. legend in 5 lines, 40mm (GV 403.2). Extremely fine, rare; in original maroon case of issue by Huguenin, Médailleurs, Le Locle £350-450

This lot was sold as part of a special collection, A Collection of Olympic Games Medals, the Property of a Gentleman.

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Although the figure on the obverse is usually depicted in the literature as striding to the left, the die-axis of the medal makes it clear that the designer intended to show the figure in an aerial pose above a range of mountain peaks