AUSTRALIA, Centennial International Exhibition, Melbourne, 1888, a gold award medal by Stokes & Martin, coronetted bust of Queen Victoria left, rev. legend within wreath, edge named (Doulton & Co.), 38mm, 45.75g. Edge bruise or file mark at 2 o’clock, otherwise virtually mint state and extremely rare thus; in fitted case of issue £3,000-£3,600

The recipients are doubtless the famous ceramics company based at Lambeth (south London) and Burslem (Staffordshire)