Watch List notes:

FRANCE, Royal. Philippe VI de Valois (of Valois). 1328-1350. AV Angel d'or (32mm, 7.22 g, 8h). 1st emission, authorized 27 January 1341. PhILPPVS : D' GRA : FRAC : RЄX (triple annulet stops), Archangel Michael standing facing atop defeated dragon, holding long cross and coat-of-arms; all within polylobe; Gothic arch above / + : XP'C : VIИCIT : XP'C : RЄGИΛT : XP'C : IMPЄRΛT (triple annulet stops), voided cross quadrilobée over long cross fleurée, with central quadrilobe; all within quadrilobe with trefoil in each point and crown in each spandrel. Duplessy 255; Ciani 277; Friedberg 273. Good VF, toned. Rare.