Watch List notes:

Italy, Papal State. Pope Pius V (AD 1566-1572) Æ Commemorative Medal. Giovanni Federico Bonzagni, 1571. PIVS V PONT OPT MAX ANNO VI, bust left, wearing camauro and mozzetta; FP below / DEXTERA TVA DOM PERCVSSIT INIMICVM, view of the battle of Lepanto: half-length bust of Christ emerging from cloud in sky, hurling lightning bolts towards the Turkish fleet below to right; at centre, angel holding cross and chalice, watching over the Christian fleet to left. Armand I 226-33; Toderi Vanel 2198; Voltolina 572; Kress 373. 19.78g, 37mm, 50mm (including suspension loop), 12h.

Very Fine.

From the inventory of a European dealer.