Watch List notes:

Italian States, Stato Pontificio (Papal States). Pius VI Æ Sampietrino da Baiocchi Due e Mezzo (reduced). San Severino mint, 1797. Tommaso Mercandetti, die engraver. Denomination, mint and date in four lines; three stars above / S • P APOSTOLORVM PRINCEPS, nimbate and draped bust of St. Peter to left, holding keys; die-engraver's initials below. MIR 3003/4; Muntoni 406a; Berman 3141. 9.20g, 29mm, 1h.

Good Very Fine.