Watch List notes:

WORLD COINS, ITALY, Italian States. Livorno. Giovanni Gastone Medici (1723-1737). Silver Tollero, 1723, 27.12g. Armoured bust right, date below. Rev. Fortress of Livorno, crown above (CNI 1; KM 45). Milled on the edge of the silver plate through a rolling mill process, this piece shows a 12 o'clock original flan fault, almost uncirculated with an attractive cabinet tone. Rare this nice.

Estimate: $ 4,500