Watch List notes:

Italian States, Stato Pontificio (Papal States). Sixtus V AR Baiocco. Fano mint, 1585-1590. Luigi (Aloysius) Innocenti, mintmaster. [SIXTVS • V] • P • MAX •, bare-headed bust to left, wearing embroidered cope; mintmaster's initials below bust / SVB • TVVM • PRESIDIVM •, the Holy House, with the Virgin seated to right on top, holding the Child; FANVM in exergue. MIR 1367/1; Muntoni 112; Berman 1373. 0.86g, 18mm, 9h.

Near Very Fine.