Watch List notes:

ITALY, Papal (Papal state). Paul IV. 1555-1559. AR Triplice giulio – Testone (29mm, 8h). Ancona mint. Dated 1557. Crossed keys surmounted by papal tiara over coat-of-arms / St. Peter enthroned facing, holding keys and raising hand in benediction. MIR 1031/2; Muntoni 26; Berman 1045. Toned. In ANACS encapsulation 3216756, graded EF 40.

From the J. Eric Engstrom Collection.