Watch List notes:

ITALY, Napoli (Regno). Carlo I di Spagna (Carlo V, Sacro Romano Impero). 1516-1554. AV Scudo (24mm, 3.22 g, 12h). Luigi Ram, mintmaster. Struck 1528-1546. Coat–of–arms over crowned, double–headed imperial eagle / Cross fleury with flames in quarters; R in fourth quarter. Friedberg 835; Pannuti–Riccio 11c. VF, slightly wavy flan, minor deposits.

From the Archer M. Huntington Collection (HSA 1001.1.8006).