Watch List notes:

Italian States, Stato Pontificio (Papal States). Leo XII Æ Mezzo Baiocco. Rome mint, 1826. Giuseppe Cerbara, die engraver. LEO XII • P • M • A • III •, oval coat-of-arms in volute frame, surmounted by crossed keys and triple crown; branch to either side, die-engraver's initials and mintmark below / MEZZO BAIOCCO ROM and date in four lines, wreath around. MIR 3077/2; Muntoni 9; Berman 3258. 5.63g, 26mm, 12h.

Very Fine.