CNG 87, Lot: 1785. Estimate $300. Sold for $525. This amount does not include the buyer’s fee.

ITALY, Papale (Stato pontificio). Beatus Pius IX (Giovanni Maria Mastai-Ferretti). 1846-1878. CU 2 Baiocchi (28mm, 9.95 g, 12h). Private issue struck for the Pope’s refuge in Gaeta. Uncertain mint in Belgium. Dated 1848. Coat-of-arms / Denomination in two lines. CNI -; Muntoni -; Serafini note 52/6; Berman -; Pagani -; Gigante -; KM (X) 1. Superb EF, attractive brown surfaces, with underlying reds and purples. Rare.