Italy
Papal States. Pius IX Proof 5 Baiocchi Anno V (1851)-R PR65 Brown NGC, Rome mint, KM1356. Spectacular mahogany tone over both sides transforms into a mélange of cerulean and copper color beneath the design elements. Closer inspection reveals sharply struck images and a substantial amount of flash that awakens the stunning colors on rotation. Presently the finest, and only certified example of this date and mintmark at either grading company.
https://coins.ha.com/itm/italy/italy-papal-states-pius-ix-proof-5-baiocchi-anno-v-1851-r-pr65-brown-ngc-/a/3089-33031.s?type=CoinArchives3089
HID02906262019
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Estimate: 1000-1400 USD