Watch List notes:

ITALY, Papale (Stato pontificio). Gregory XIII. 1572-1585. AV Scudo (26mm, 3.21 g, 9h). Bologna mint. Papal coat-of-arms / Cross fleurée; coat-of-arms of the Lattanzi family and Bologna to lower left and right. CNI X 3 var. (papal arms corniced); Muntoni 352; Berman 1241; Friedberg 351. VF, clipped, holed and plugged.

From the collection of Dr. Lawrence A. Adams. Ex Alfred E. Pernt Collection (RARCOA, 16 March 1984), lot 47.