Watch List notes:

Elizabeth I (1558-1603), Angelet, 1587-1590, Sixth Issue, Tower, (m.m.) ELIZABETH: D.' G.' ANG.' FR.' ET.' HI REGINA, St. Michael vanquishing the Dragon, rev. (m.m.) A : DNO.' FACTVM: EST: ISTVD ET EST · MIRA'. ship surmounted by square-topped shield and mast dividing E and rose, 2.54g, 5h, m.m. crescent over scallop [both sides] (Spink 2532; N.2006; Schneider 1, 792; Brown & Comber [1989] D17; Tyssen 1779[b]; Bergne 596 = Rostron 161; Montagu III -; Murdoch II, 615; Haddington 20 = Ryan 304), minor edge loss on an otherwise pleasingly broad flan, an historic issue from the time of the Spanish Armada, the strike remarkably uniform with crisp central devices, an attractive and extremely bold very fine, rare thus and not represented in the famous Montagu cabinet.
provenance
The Christopher Comber Collection
DNW 50, 20 June 2001, lot 384
Glendining, 19 July 1954, lot 46
Estimate: £3,000 - £4,000