Watch List notes:

ITALY, Papal (Papal State). Pius VI. 1775-1799. CU 5 Baocchi (33mm, 18.98 g, 12h). Rome mint. Dually dated RY 23 and 1797. Denomination in three lines; star above / Veiled and nimbate bust of the Virgin left. Muntoni 94; Berman 2987; KM 1245. Brown surfaces, flan flaw. Near VF.

From the Peter Napoli Collection.