ITALY. Papal Coinage. Leo XIII, 1878-1903. Medal 1887 (Silver, 44 mm, 36.51 g, 12 h), on the settlement of the dispute between Germany and Spain over sovereignty over the Caroline Islands. LEO XIII PONT - MAX ANNO X Draped bust of Leo XIII to left, wearing zucchetto, mozzetta and pallium. Rev. CONTROVERSIA DE INSVLIS KAROLINIS - EX AEQVITATAE DIREMPTA // PACIS ARBITRA / ET CONCILIATRIX / MDCCCLXXXV Personification of the church standing facing between Germania and Hispania, both holding shields. Modesti (Annuale) 35. Rinaldi 81. Nearly extremely fine.