CNG 100, Lot: 794. Estimate $2000. Sold for $3750. This amount does not include the buyer’s fee.

ITALY, Napoli (Regno). Filippo II di Spagna. 1554-1598. AV Scudo (21mm, 3.20 g, 7h). Struck 1556-1598. Bare head right / Crowned coat-of-arms. CNI XX – ; Pannuti-Riccio –; Friedberg 836c. EF. Excellent portrait. Very rare.

From the collection of Dr. Lawrence A. Adams, purchased from Ponterio & Wyatt, July 1980.

Signed by the mintmaster Giovanni Battista Ravaschiero, but lacking the usual assayer’s mark. Unlisted in the standard references as such.