Watch List notes:

WORLD, Italy. Papale (Stato pontificio). Urban VI. 1378-1389. PB Seal – Bulla (37mm, 45.99 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 / * URB/ANUS */ * PP * VI (Ω over PP); below, two eagles facing with wings spread, head left. Serafini 10-3. Brown surfaces. Good VF. A well preserved example.

From the Peter J. Merani Collection, purchased from Paul Bosco.