Watch List notes:

ITALY, Papale (prigioniero del Vaticano). Benedict XV. 1914-1922. AV Medal (43mm, 58.57 g, 12h). By Bianchi. Dually dated RY 1 and 1914 (in Roman numerals). BENEDICTVS · XV · PONT · MAX · AN · I, bust right, wearing mozetta and zucchetto / + SVMMVM · SACERDOTIVM · AVSPICATVS · III · NON · SEPT · A · MDCCCCXIV, coat-of-arms surmounted by crossed keys and Papal tiara; all within wreath. Mazio 874; Rinaldi 109 (for type in silver). Numerous scratches. Near EF. Rare.

From the Peter J. Merani Collection, purchased March 2010.