Watch List notes:

Italian States, Stato Pontificio (Papal States). Gregory XVI AR Mezzo Scudo. Bologna mint, 1832. Niccolo Cerbara, die engraver. GREGORIVS • XVI • PON • MAX • A • VI, bust to right, wearing zucchetto, mozzetta and embroidered stole; date and die-engraver's name below / S • ROMVALDVS • AB • CAMAL •, St. Romvaldus, nimbate, kneeling to right under tree, holding crucifix, rock with stick leaning against and skull on top before him; denomination and mintmark in exergue. MIR 3094/2; Muntoni 28; Berman 3275. 13.21g, 31mm, 11h.

Extremely Fine; pleasant old cabinet tone.