Italy
Selections from the Eric P. Newman Collection of World Coins. Papal States. Paolo (Paul) III gold Scudo d'oro ND (1534-49), Rome mint, Fr-65, Berman-903, AU55 NGC. A better example of the type than you will usually find. Very full flan with all aspects of the design present, and relatively good detail on the figure of Paul on the reverse. Very slight striking weakness on the obverse in the lower-left quarter, but still a fairly strong strike overall.
Estimate: 1000-1500 USD