Watch List notes:

Italy, Kingdom. Vittorio Emanuele III AV 100 Lire. Rome, year IX = 1931R. VITTORIO • EMANVELE • III • RE, bare head to left, wearing collar and chain; G· ROMAGNOLI - A· MOTTI INC· in small letters along edge below / ITALIA, Italia advancing slightly to left, holding laurel branch and lit torch, on prow of galley, decorated with fasces, to left; denomination above date to right, mintmark below. KM 72; Friedburg 33.

NGC graded MS 63 (#1881897-016).

From a private European collection.