Watch List notes:

Italian States, Stato Pontificio (Papal States). Alexander VI AR Grosso. Marca Anconitana (Macerata or Ancona) mint, 1492-1503. Antonio Migliori, mintmaster. ALEXANDER VI PONT MAX, octagonal Borgia coat-of-arms surmounted by crossed keys and triple crown, all in quadrilobe / S PAVLVS S PETRVS, the two apostles, nimbate, standing facing; on left, St. Paul holding upright sword and book, on right, St. Peter holding upright key and book; mintmaster's coat-of-arms in central field, •MARCI• below. MIR 536; Muntoni 23; Berman 538. 3.15g, 28mm, 4h.

Very Fine.