Watch List notes:

WORLD, Italy. Papale (Stato pontificio). Paul II. 1464-1471. PB Bulla (37mm, 61.55 g, 12h). · PAVLVS ·/PP · II ·, Paul seated right on ornate throne, wearing miter and mantum; cardinal to leach side; to right, seven faithful worshipers kneeling left / Sts. Paul, holding sword, and Peter, holding keys and Gospel book, seated facing one another on thrones, both wearing nimbus crown and robe; between, ·S/P/A/V and S·/P/E/T in two vertical lines; cruciform stand below. Serafini 172-5. Dusty gray surfaces. VF.

From the Peter J. Merani Collection, purchased from Edward J. Waddell.