Watch List notes:

Italian States, Stato Pontificio (Papal States). Pius VI Æ Due Baiocchi. Bologna mint, 1795. ✶ PIVS ✶✶ SEXTVS ✶✶ PONTIFEX ✶✶ MAXIMVS✶ in four lines; date and rose in exergue / ✶BONONIA✶✶DOCET✶, lion rampant to left; denomination in exergue. MIR 2845/1; Muntoni 248; Berman 3067. 18.50g, 37mm, 12h.

Near Very Fine.