Watch List notes:

ITALY. Stato Pontificio. Clemente XI, 1700-1721. Scudo d'oro Anno XII (1711), Roma. Obv. CLEM XI - P M A XII. Coat of arms. Rev. FERRO / NOCEN / TIVS / AVRVM. Legende within ornaments. Muntoni 16; KM 749; Fr. 202. AU. 3.34 g. - Nice AU
Ex. Christie's Milan live auction 2532, 29-30 November 2011, lot 402.