Watch List notes:

LOW COUNTRIES, Vlaanderen (Flanders). Lodewijk II van Male. 1346-1384. AV Gouden schild – Vieil écu à l'aigle (30mm, 4.46 g, 4h). Brugge (Bruges), Gand (Ghent,) and Mechelen (Mechlin) mint. Struck 1348-1357. Lodewijk enthrond facing within Gothic canopy, holding sword and resting hand on coat-of-arms decorated with eagle / Cross tréflée and feuillue; in center of cross, • within quadrilobe; all within quadrilobe, trefoil fleurée at end of each arc; trilobe in spandrels. Elsen 22; Delmonte, Or 454; De Mey, Flanders 177; Friedberg 152. Slightly double struck, some luster. EF.