Watch List notes:

Italian States, Stato Pontificio (Papal States). Paul III BI Quattrino. Macerata mint, 1542-1546. Mazzeo Mazzei, mintmaster. PAVLVS • P P • III • , Farnese coat-of-arms with fleur de lys, surmounted by crossed keys and triple crown / S • PETRVS • MACERATA, St. Peter, nimbate, standing facing, holding upright key and book; three clubs (mintmaster's mark) in right field. MIR 929/3; Muntoni 154; Berman 926. 0.58g, 18mm, 5h.

Good Very Fine.