Watch List notes:

Italian States, Pisa (Republic). AR Grosso da 1 Soldo. In the name of Federico II. 1288-1295. Crowned Madonna and Child enthroned facing, PI-SE across fields; merchant's bundle in upper left field / : ✠ FRIᙏ: :PATOR: Imperial eagle with spread wings perched half left on capital. Baldassarri F.III.5d; MIR 404/1; CNI 78. 1.60g, 20mm, 8h.

Very Fine. Rare.

From the Vitangelo Collection.