Watch List notes:

Italy Papal States 20 Baiocchi 1850R Pius IX (1846-1870). Obverse: Capped bust to left. Lettering: PIVS·IX·PONT· MAX·ANN·IV·. Reverse: Date; value and mintmark within wreath. Lettering: 20 BAIOOCHI 1850 R. Silver. NGC MS 66 TOP POP