Watch List notes:

ITALY, Papale (Stato pontificio). Gregory XIII. 1572-1585. Æ Medal (32mm, 13.54 g, 12h). Holy Year issue. By Lorenzo Fragni. Dated 1575 (though an official 18th-19th century restrike). Bust right, wearing mantum and zucchetto / Porta Santa (Holy Door). Modesti 729. Brown surfaces, die rust. Good VF.

From the Peter J. Merani Collection, purchased from Jencius Coins, February 2011.