Watch List notes:

WORLD, Italy. Papale (Stato pontificio). Pius VIII. 1829-1830. PB Seal – Bulla (44mm, 69.00 g, 12h). Heads of Ss. Paul and Peter facing slightly right and left, respectively; plain cross between; S P/ S P above / (radiant cross)/ PIVS/ PAPA/ VIII; all within wreath. Serafini 15-6. Light roughness, traces of original cord. Near VF.

From the Peter J. Merani Collection. Ex Artemide Aste 42E (10 March 2018), lot 697.