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. Just like the previous lot, this is a superior example for this type with perhaps even better detail on the main devices (though with the same numerical grade assigned by NGC). This piece also has a very large and desirable flan. Finding a better example would be very difficult.
Estimate: 1000-1500 USD