Watch List notes:

Italian States, Stato Pontificio (Papal States). Pius VI Æ Sampietrino da Baiocchi Due e Mezzo. San Severino mint, 1796. Tommaso Mercandetti, die engraver. Mint, denomination and date in four lines; three stars above / S • P APOSTOLOR • PRINCEPS, nimbate and draped bust of St. Peter to left, holding keys; die-engraver's initials below. MIR 3000/2 var. (rev. legend); Muntoni 405a var. (same); Berman 3140. 15.40g, 31mm, 12h.

Very Fine.