IRAQ: Republic, AR medal, 1982, 40mm silver medal, JADRIYAH BRIDGE - BAGHDAD 1980-1982 around image of bridge // POLENSKY & ZÖLLNER below central text, ITO COMMEOMORATE / THE INAUGURATION / OF THE BRIDGE / AUGUST 1982, struck by Huguenin Frères, Switzerland, cleaned, NGC graded UNC details, ex Ammar Ali Collection. Polensky & Zöllner was once the largest construction company in Iraq until 1987 when the group had to file for bankruptcy. This was triggered by the weak domestic construction industry and the strong dependence on construction activities in Iraq, where significant payment arrears had occurred in the course of the Iraq-Iran war.

Estimate: USD 200 - 300