Watch List notes:

Italian States: Naples. Alfonso II (1494-95), gold Ducat, undated. Crowned armoured bust right, rosette on shoulder strap, T behind, rev. quartered coat of arms of Naples and Aragon, 3.48g (Pannuti-Riccio 2a var.; Ciani 8; Fr 820a). Good very fine, well centred with a good portrait, excessively rare. Estimated Value $11,000