Elizabeth I. 1558-1603. AR shilling. 6.01 gm. 31 mm. First Issue. Lis i.m. Her crowned bust (2A) left, beaded inner circle; ELIZABETH : D .' G .' ANG .' FRA .' Z .' HIB .' REGIN; beaded and wire line inner circles / Arms, long cross; POSVI | DEV .' AD | IVIORE | M.' MEVM.' around. S. 2549. N. 1985. BCW 6D:g4. Very Fine; full broad flan; lightly toned; detailed portrait; rare issue.

The first issue shilling of Elizabeth is elusive, particularly in appealing condition. This example, though with minor handling marks, is a pleasing piece.