Elizabeth I. 1558-1603. AR shilling. 5.8 gm. 30 mm. Seventh issue. 2 i.m. Tower mint. 1602. Bust 6B; ELIZAB D G ANG FR ET HIB REGI / Shield over long cross fourchée; POSVI DEV AD IVTORE M MEV:. S. 2584. N. 2014. BCW 2-1:a2. Good Very Fine; pleasing light toning. Very rare date and mintmark; an exceptional example of this issue.

Ex Davissons Auction 22 (28 April 2005) lot 201 (Realized $1500)From an old high quality collection of Elizabeth "2" mm issues formed in the 1950s.

The shillings from the end of Elizabeth's reign often reflect haphazard manufacture; there also seems to have been little incentive to save them–most show extensive wear. All Elizabeth hammered coins from the final year of her reign with the i.m. "2" are far scarcer than examples from the preceding year, "1" i.m.