Watch List notes:

Henry VIII (1509-47), third coinage, Groat, 2.55g, Tower mint, m.m. lis (over annulet on obverse), henric 8 di g agl fra z hib rex, broken saltire stops, crowned facing large bust 2, rev. posvi dev adivtore mev, trefoil stops, long cross over shield, pellet in annulet in forks (N.1844; S.2369; Stewartby p.526; Laker B), flat in parts, toned, nearly very fine, very rare with this initial mark.
It is unclear whether the obverse mintmark is over a simple annulet, or a pellet in annulet. Although the latter is seen on Testoons, neither mark is known on the Groats of this period and so may be unintentional. Laker (1978) noted two examples
Provenance: Bt April 1968
Estimate: £200.00 - £250.00