Watch List notes:

Italy, Sicily, Palermo, Tancred (1190-1194), quarter-tercenario, 0.40g (MIR 451; Spahr 137), slightly stained, very fine and scarce; together with Guglielmo II (1166-1189), copper follari (2), both Messina mint, 1.07, 0.96g (MEC 401/409; Spahr 119), good fine to very fine (3)

Estimate: £150 - 200