Watch List notes:

Henry IV (1399-1413), Noble, Tower, type V, 6.92g [106.8gns], 8h, single saltire stops, reads hen|ric ... hib z a|q, annulet and trefoil on side of ship, nothing on rudder, ropes 3/1 {twisted}, ornaments 1-11-1, quatrefoils 3/3, castles not crenellated, rev. i.m. cross pattée [6], reads medivm illorv', trefoil after ibat, double saltire stops, additional trefoil in third quarter, pellet and large h in centre (Stewartby, 'Primary phase', class Pbii; Drabble, lot 94, same obverse die; Schneider I, 208, same obverse die/206, for reverse legend variety; N.1355; S.1715), rough and scuffed surfaces from field extraction, otherwise a fuller flan, a bolder fine, very rare.
provenance
Studio Coins FPL 89, September 2007, no. 9617
Estimate: £2,000 - £3,000