Watch List notes:

TUDOR. Elizabeth I. 1558-1603. AR Shilling (31mm, 5.36 g, 2h). First issue. Tower (London) mint; im: lis. Struck 1559-1560. Crowned bust (B&C 2A) left / Coat-of-arms over cross fourchée. BCW LS-6C/LS-e; North 1985; SCBC 2549. Fine, toned, scratches under tone on obverse.

Ex Glendining's (11 March 1992), lot 371.