Watch List notes:

ITALY, Milano (Duchi). Filippo II di Spagna. 1554-1598. AR Mezzo scudo (33mm, 16.15 g, 7h). Dated 1588. • + • PHILLIPVS • REX • HISPANIARVM, armored bust right, wearing ruff; 15 88 flanking / • DVX • MEDIOLANI • ET • C •, crowned coat-of-arms. MIR 314/7; CNI V 134; Crippa 26C-4. EF, attractively toned. Exceptional for issue.