Watch List notes:

Italian States, Napoli (Naples, Kingdom). Filippo II di Spagna AR Mezzo Ducato. 1st phase, as King of England, France and Naples, and Prince of Spain. Giovanni Battista Ravaschiero, mintmaster. 1554-1556. PHILIP • R • ANG • FR • NEAP • PR • HISPA •, crowned, draped and cuirassed bust to right; IBR monogram behind / POSVMIVS • DEVM •ADIVTOREM • NOST, crowned conjoined royal coat-of-arms of England and Spain emblazoned on ornate escutcheon. MIR 3; CNI XX pg. 19, 153; Pannuti 3. 14.60g, 35mm, 5h.

Near Extremely Fine; typical spots of flat strike, deep old cabinet tone.

From the David Freedman Collection;
Ex Classical Numismatic Group, Auction 67, 22 September 2004, lot 1954.