Watch List notes:

Italy, Milan. Henry III-V. 1039-1125. AR denaro scodellato (17 mm, 0.62 g, 4 h). + IMPERATOR, (HE)/RIC/N in three lines / MEDIOLANV, cross pattée. Biaggi 1413. Flan crack along edge and border. Extremely fine.

Ex CNG E288 (10 October 2012), 680.

Estimate: $50