Italy, Milan

Otto III, King of Italy 983-1002

Murari 5; MIR 39, PCGS-graded MS-63

+ IMPERATOR, around OTTO arranged in cruciform pattern. Reverse: AVG MEDIOLANVM within field.

In 996 Otto III marched to Italy and claimed the title King of Italy and the Holy Roman Emperor. Once crowned he installed his cousin as Pope Gregory V, the first Pope of German descent.