Watch List notes:

House of Hohenstaufen, Frederick II (1198–1250), Augustale, Messina, after 1231; AV (g 5,28; mm 18; h 6); CESAR AVG IMP ROM, laureate and draped bust of Frederick II r., Rv. + FRIDERICVS, eagle standing l., with open wings and head r. Kowalski, Gruppo A, 4; Spahr 98; MEC XIV, 514-515.
Struck from rusted dies and ex-jewelry, good very fine.

Ex Classical Numismatic Group, Auction 64 (24 September 2003), lot 1544.