Watch List notes:

WORLD, Italy. Papale (Stato pontificio). Urban IV. 1261-1264. PB Seal – Bulla (38mm, 44.52 g, 12h). Bare heads of Sts. Paul and Peter, facing slightly right and left, respectively, each within beaded halo; cruciform scepter between: S PA S PE above / VR/BANVS/ • PP • IIII • (Ω over PP). Serafini 1-3. VF. Well preserved with significant portions of original cord.

From the Peter J. Merani Collection. Ex Artemide Aste 19E (20 October 2012), lot 659.