Watch List notes:

Henry VIII (1509-47), Testoon, third coinage, Southwark, 7.32g, m.m. s, crowned bust facing, wearing ruff, rev. crowned Tudor rose dividing cypher (N.1842; S.2367), two overt striking splits and light copper leach deposits to periphery, otherwise notably well struck for issue, a pleasing very fine, rare thus.
provenance
Nicholas Rhodes collection
Purchased Baldwin, £15
Estimate: £1200 - £1500