Watch List notes:

Italy, Sicily, Messina or Brindisi. Federico II (1197-1250). BI 1/4 Denaro 1221 (12mm, 0.26g, 12h). Large F between two pellets. R/ Cross. Spahr 111; MIR 120 (Messina). Rare, near VF
Estimate: 70 GBP