Watch List notes:

CRUSADERS. Knights of Rhodes (Knights Hospitallers). Fabrizio del Carretto, 1513-1521. Ducat (Gold, 22.5 mm, 3.51 g, 2 h), imitating the Venetian Ducat, mint of Rhodes. •F•FABRICII•D•CR - S•IOANNI / MF The Grand Master of the order kneeling left before St. John, jointly holding banner between themselves. Rev. •SIT•T •XPЄ•DAT•OTV - •RЄGIS •ISTЄ•DV Christ Pantokrator standing facing in mandorla with nine stars. Friedberg 11. Gamberini 386 var. Schlumberger 14 var (legends). Very rare. A perfectly well struck ducat with fine details and nice toning. Good extremely fine.
From a European collection, assembled in 1990s.