Watch List notes:

ITALY, Papal (Papal State). Gregory XIII. 1572-1585. AR Testone (27mm, 8.49 g, 8h). Rome mint. Struck 1581-1585. Bust left, wearing piviale / Baptism of Christ by St. John the Baptist. MIR 1186/1; Muntoni 64/5; Berman 1165. Toned, flan flaws. Near VF.

From the Peter Napoli Collection.