Watch List notes:

Italian States, Stato Pontificio (Papal States). Gregory XV Æ Quattrino. Ferrara mint, 1622-1623. GREGORIVS • XV • LVDOVISVS • P • M, bust to right, wearing mozzetta and camauro; uncertain date below / + S GEORGIVS FERRARIAE PROTECT, St. George riding to right, piercing dragon with spear. MIR 1652; Muntoni 67; Berman 1669-70. 2.70g, 20mm, 4h.

Very Fine.