Watch List notes:

ITALY. Sicilia (Regno). Tancred, 1189-1194. 1/4 Tercenarius (Silver, 11 mm, 0.45 g, 4 h), 1st Period, Palermo. Arabic legend Tanqrir / malik / Siqilliyyah Tancredi in three lines. Rev. (TA)CD'· / REX · SI/CILIE· in three lines. D'Andrea/Contreras 404 (R2). MEC 14, 444-5. Spahr 137. Travaini, Monetazione, 397. Very rare. Some striking weakness as normal, otherwise, good very fine.

From the Staffieri Collection.