Watch List notes:

ITALY. Papal States. John XXII (Jacques Arnaud d'Euse), 1316-1334. Seal or Bulla (Lead, 36 mm, 44.35 g, 12 h), Avignon. S PA S PE Nimbate facing heads of St. Paul, bald and with a long, linear beard, on the left and St. Peter, with curly hair and beard composed of pellets, on the right; between them, Latin cross on a long staff and base; all within a circular, dotted border . Rev. IOHA/NNES/ •PP: XXII in three lines, the whole within a circular, dotted border. Serafini 18-20. A scarce seal of the second Avignon pope. Some roughness and marks, otherwise, nearly very fine.
From the Dr. Pelc Dens Sapientiae Collection, USA.