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The obverse of the medal depicts Lodovico Luti of Siena, while the reverse represents Fortune with sail on a dolphin, watched by ermine.
Lodovico Luti is presumably the man, an enemy of Pandolfo Petrucci, who was murdered in Florence on 26 June 1498. Petrucci was the brutal tyrant who ruled Siena between 1487 and 1512. Niccolò's medal identifies Luti 'of Siena'; from his clothing he may have been a merchant. It is not possible to tell if this is a posthumous portrait, although given Luti's fate the motto on the reverse seems particularly pertinent - prius mori qua turpari, or 'rather death than dishonour'.
The reverse of the medal was used for at least two other medals by Niccolò.
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