Watch List notes:

Henry VIII, First Coinage, Groat, 2.93g, Tournai, m.m. crowned t on both sides, obv., profile bust of Henry VII, henric' di' gra' rex franc z aglie, saltire stops, rev., long cross fourchée over shield, civi/tas/torn/acen', double saltire stops (N. -; S. 2317; Whitton -; Stewartby p. 437), slightly short of flan at upper edge, very fine and clear, very rare. The siege and capture of Tournai in September 1513 marked the end of Henry's military campaign in France. The city was returned to France following the Treaty of London in 1518, by which time a number of groats, as well as French gros in Henry's name, had been issued. (£3,000-4000)