Watch List notes:

TUDOR. Elizabeth I. 1558-1603. AR Shilling (31mm, 5.90 g, 6h). First coinage. Tower (London) mint; im: lis. Struck 1558-1560. Crowned bust 1B left, wearing ruff; wire line border / Coat-of-arms over long cross fourchée; wire line border. BCW LS-2E/LS-f; North 1985; SCBC 2548. Toned, scratches, flan flaws, pitting. Fine. Rare early issue of Elizabeth.

From the J. Capozzolo Collection.