Watch List notes:

Italian States, Stato Pontificio (Papal States). Gregory XV AR Mezzo Grosso. Rome mint, 1621-1623. Giuseppe Bonanni, Sebastiano Pagliari and Girolamo Martelli, mintmasters. GREGORIVS • XV • LVDOVISIVS • P MAX *, 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; ROMA in exergue. MIR 1629/3; Muntoni 25; Berman 1654. 0.42g, 16mm, 12h.

Near Very Fine.