Watch List notes:

WORLD, Italy. Papale (Stato pontificio). Boniface IX. 1389-1404. PB Seal – Bulla (36mm, 46.20 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 / : BOnI/FATIUS :/ PP : VIIII (Ω over PP, triple pellet stops). Serafini 63-6. Gray patina. Good VF. Well preserved with a portion of the original cord.

From the Peter J. Merani Collection. Ex Edward J. Waddell Electronic Auction (20 June 2001), lot 208.