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40 000 CHFPrice realized:
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ITALY
Pio IX, 1846-1878. 20 Baiocchi 1850 Anno IV R, Roma. Gold off metal strike. Obv. PIVS IX PONT MAX ANN IV. Capped bust left. Rev. 20 BAIOCCHI. Olive wreath. cf. KM 1337. AU. Extremely rare. NGC PF 62
Ex. Sotheby's auction, February-March 1954, King Farouk's collection, lot 1044.