Watch List notes:

Italian States, Stato Pontificio (Papal States). Alexander V Æ Quattrino (or Double Quattrino). Ascoli mint, 1492-1503. ALEXA VI PO MA, octagonal Borgia coat-of-arms surmounted by crossed keys and crown / ✿ DE ASCVLO, bridge with two arches surmounted by castle with two towers; star above. MIR 527; Muntoni 28; Berman 543. 1.48g, 19mm, 11h.

Very Fine; strike error (overstruck?) on obv. Extremely Rare.