I acquired this coin at a coin show in Fort Worth yesterday.
The obverse legend appears to be: PRIMASEDSES
The reverse legend appears to be: GALLIAR
It is silver, and is 19mm in diameter.
http://www.elfreeman2.com/t18/18t098r.jpg
http://www.elfreeman2.com/t18/18t098o.jpg
I am not good with Biaggi, and it is too early for Krause catalogs (probably 1200-1600). Googling the obverse legend implied it was related to Palermo.
Can anyone assist in identifying this one?