Watch List notes:

Italian States, Stato Pontificio (Papal States). Gregory XV AR Testone. Rome mint, 1621-1623. Giuseppe Bonanni, Sebastiano Pagliari and Girolamo Martelli, mintmasters. GREGORIV • XV • PONT • M •, coat-of-arms in volute frame, surmounted by crossed keys with hanging cords and triple crown / SVB TVVM PRAESIDIVM, the Blessed Virgin standing facing on crescent and cloud, hands in prayer, stars around head, within radiant nimbus; mintmasters' mark in lower left field. MIR 1622/2; Muntoni 14; Berman 1648. 9.32g, 31mm, 8h.

Near Very Fine.