Watch List notes:

ITALY, Papale (Stato pontificio). Paul III. 1534-1549. AV Scudo (25mm, 3.34 g, 6h). Piacenza mint. Papal coat-of-arms / P-L-A-C around cross fleurée. CNI IX 1; Muntoni 176; Berman 968. VF, flan crack.

From the collection of Dr. Lawrence A. Adams. Ex Alfred E. Pernt Collection (RARCOA, 16 March 1984), lot 45.