Watch List notes:

BRITISH COINS, Henry VIII, Silver Testoon, Third coinage (1544-1547), Tower Mint, debased issue, facing bust of older king within beaded circle, cross on crown breaks circle, 8 type legend, initial mark pellet in annulet, rev crown over Tudor Rose, crowned h to left and crowned R to right, slipped trefoil stops both sides, 7.35g (N 1841; S 2365). Fully round and of good metal for issue, with a very pleasing portrait, bold very fine for issue and rare this nice.
ex Glendining, 12 March 1970, lot 186, sold for £165 - a record price for this type of coin at that time
ex Spink Numismatic Circular, vol CVIII, no.2, April 2000, item 1469

Estimate: £3000-4000