Watch List notes:

Italian States, Stato Pontificio (Papal States). Paul III AV Scudo d'oro del Sole. Bologna mint, AD 1535. • PAVLVS • III • • PONT • MAX •, tiara and crossed keys over Farnese arms / (sun) • BONONIA • (rose) • DOCET •, floriated cross between arms of Cardinal Innocenzo Cybo and Bologna. Muntoni 88; MIR 903/1; Chimienti 300; Berman 926; Friedberg 345. 3.33g, 25mm, 12h.

Near Extremely Fine; trace of mounting at 6h. Very Rare.

From the Vitangelo Collection.