Watch List notes:

WORLD, Italy. Papale (Stato pontificio). Honorius IV. 1285-1287. PB Seal – Bulla (37mm, 38.40 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 / hOnO/RIVS •/ • PP • IIII' (Ω over PP). Serafini 1-4. Flaw on obverse, patina rough and chipped at edge. Near VF.

From the Peter J. Merani Collection. Ex Artemide Aste 47 (3 June 2017), lot 677.