Watch List notes:

Italy, Bologna, Paul IV (1555-59), Scudo d'oro, 3.34g, undated, pavlvs. iiii. pont. max, oval shield, rev. .bononia. docet., cross fleury, sun above, shields of Carafa and Bologna below (B.1047; CNI.1; F.347; Munt.47), very fine, very rare.

Estimate: £1,000.00 - £1,200.00