Watch List notes:

ITALY, Tuscany. Florence. Cosimo I, Duke, later Grand Duke of Tuscany, 1537-1569-1574. Medal (Bronze, 44 mm, 45.52 g, 12 h), a struck original on the reorganization of the Tuscan militia, by Pietro Paolo Galeotti (c.1520-1574) with a reverse designed by V. Borghini, c. 1567. COSMVS.MED. FLOREN.ET.SENAR.DVX II. Bare headed and cuirassed bust of Cosimo I to right. Rev. RES.MILITARIS.CONSTITVTA. (=military affairs settled) Commander, in classical armor, standing right between two columns at the top of a flight of steps, presenting a standard to a soldier standing left on the steps below him; on the right, three soldiers standing to left, one with a standard; on the left, four soldiers, two with standards, standing to right. Attwood 864. Rare. Well-struck and of fine quality, and with a lovely red-brown tone. Good extremely fine.
From the Villiers Collection, and from the Aviz Collection.