Watch List notes:

BRITISH COINS, Henry IV (1399-1413), Gold Quarter Noble, light coinage 1412-1413, shield within tressure, nothing above or at sides of shield, four lis in first quarter, initial mark cross both sides, rev floreate cross within tressure, lis in panel at centre, crowned leopards in angles, 1.41g (Schneider 199; N 1357; S 1717). Traces of crease, scuff below shield and some weakness in places, otherwise nearly very fine and extremely rare, only the third known example.
The variety of the Henry IV Quarter Noble without the crescent over the shield but with the four lis in the first quarter of the shield was first noted by Peter Woodhead in the Schneider Collection Sylloge. He noted that the Schneider (Schneider 199) example was the only recorded example and suggested the four lis in the shield point to this being an early die but the absence of the crescent over the shield was unrecorded. Based on the weight of the Schneider specimen he attributed it to the light rather than the heavy coinage. This new example with weight 1.41g compares with 1.51g for the clipped Schneider coin which supports this being an issue of the light coinage of 1412-1413. A further example with same style shield weight 1.29g (lightly clipped) was sold at St James's auction 33, lot 72, 20 May 2015.

Estimate: £1500-2000