Watch List notes:

ITALY. Stato Pontificio. Clemente XI, 1700-1721. Scudo d'oro Anno V (1704), Roma. Obv. CLEM XI - P M A V. Coat of arms. Rev. SAN - PAVLVS AP. Bust right. Muntoni 21; KM 678; Fr. 192. AU. 3.34 g. - UNC
Ex. Nomisma auction 48, 26 October 2013, lot 1111.
Rusted dies -