Watch List notes:

Italian States, Stato Pontificio (Papal States). Gregorio XIV AV Doppia. Bologna mint, 1591. Cardinal legate Paolo Sfondrati. • GREGORIVS • XIIII • PONT MAX •, oval Sfondrati arms in cartouche surmounted by crossed keys and triple crown / (sun) • BONONIA • * • DOCET •, floriate cross, flanked below by Sfondrati arms at left and city-arms at right. MIR 1412/3; Chimienti 401; Muntoni 3; CNI 1; Berman 1416; Friedberg 355 (Vatican, Bologna). 6.69g, 28mm, 12h.

Extremely Fine. Very Rare.