Watch List notes:

TRANSYLVANIA, Principality. Zsigmond Báthory. First and second reigns, 1581-1599. AR 3 Groschen (21mm, 2.32 g, 12h). Nagybánya (Frauenbach / Baia Mare) mint. Dated 1597. Armored bust right / Crowned coat-of-arms over legend in four lines. Resch 236 var. (rev. legend stops); MBR 581. Near EF, toned.

From the Princeps Collection.