Watch List notes:

Papal States, Vatican. Pius VI. 1775-1799. 25 baiocchi (31.2 mm, 8.98 g, 1 h). Rome mint, Struck 1795. PIVS · SEX -- TVS · P · M -- A : XXI (star), papal emblem of tiara-crowned, crossed keys / VENTI CIN / QVE / BAIOCCHI / 1795, denomination and date in four lines on shield within wreath. Berman 2974; Munt 69. Toned VF, well-struck and well-centered, pleasing tan patina.

Ex Th Fitzgerald Collection.