Italy
Trento. Anonymous Bishops (1235-1255) Grosso ND (ca. 1236) MS62 NGC, MEC XII-933, CNI-VIa.8. 1.33gm. In the name of Frederick II. + • EPS • TRIDEN •, T with three pellets around in field / + • IMP'ATOR • F •, cross potent with stars in first and second quarters, pellets in third and fourth quarters. A very rare emission from this tiny region of far northern Italy, absolutely luxuriously struck, wonderfully toned, and well centered. For reference, a raw piece brought the equivalent $1747 in Numismatica Ranieri's May 2017 Auction 11 (Lot 946).
From the Allen Moretti Swiss Collection
https://coins.ha.com/itm/italy/italy-trento-anonymous-bishops-1235-1255-grosso-nd-ca-1236-ms62-ngc-/a/3076-31891.s?type=CoinArchives3076
HID02906262019
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Estimate: 1500-2000 USD