Watch List notes:

CRUSADERS. Despots of Epirus. Giovanni II Orsini, 1323-1335. (Billon, 19 mm, 0.64 g, 1 h), Denier Tournois, Arta. + IORS] DЄSPOTVS around cross pattée. Rev. + DЄ ΛRTΛ CΛSTRV Châtel tournois; to left and right, star. CCS 119 var. Metcalf, Crusades 134-136 var. Tzamalis F 100. Attractive old cabinet tone. Rare. Nearly extremely fine.