Watch List notes:

Elizabeth I (1558-1603), Penny, second issue, 0.58g, m.m. martlet, crowned bust left, with decorated bodice, rev. square-topped shield over cross double-fourchée (N.1988; S.2558), small flan, toned, with scuffs across chin, otherwise almost extremely fine.
provenance
Spink Numismatic Circular, November 1980, no. 9239 - £200
Estimate: £150.00 - £200.00