Watch List notes:

William III (1694-1702), Shilling, 1697, Exeter, third laureate and draped bust right, rev. crowned shields cruciform (ESC 1183 {1105}; S.3508), softness to French shield, otherwise attractive iridescent toning, a bold fine.
provenance
Gray collection
Spink 55, 8 October 1986, lot 288 (part)
Estimate: £120 - £150