Watch List notes:

ITALY, Papale (Stato pontificio). Gregory XIII. 1572-1585. Æ Medal (37mm, 27.27 g, 12h). Holy Year issue. By Lorenzo Fragni and Gianfederico Bonzagni. Dated 1575 (in Roman numerals, though an official 19th century restrike). Bust left, wearing mantum and zucchetto / Porta Santa (Holy Door). Modesti 728. Brown surfaces, diagnostic die break. Good VF.

From the Peter J. Merani Collection, purchased from Coin Kingdom.