Watch List notes:

Italian States, Stato Pontificio (Papal States). Pius IX AR 20 Baiocchi. Rome mint, 1865. Carlo Federico Voigt. PIVS • IX • PONT • MAX • AN • XIII, bust to left, wearing zucchetto, mozzetta and embroidered stole; die-engraver's name below / Denomination and date in three lines; all within laurel wreath, mintmark below. MIR 3157/4; Muntoni 18a; Berman 3314. 5.32g, 24mm, 6h.

Near Extremely Fine.