Watch List notes:

Elizabeth I (1558-1603), Second 'Restoration' Coinage, Third and Fourth Issue [Fine Gold], Quarter-Angel [of 2.5 Shillings], (Pyx Period: 29 May 1574 - 30 July 1578), Tower, ELIZABETH : D : G ANG : FRANCIE, NCIE over cursive N, IE over pellet stop, St. Michael vanquishing Dragon, rev. (m.m.) ET : HIBERNIE : REGINA : FIDEI : Ship surmounted by square-topped shield and crucifix mast dividing E and Rose, twisted rigging 2/1, with bowsprit, waves lapping below, 1.26g, 10h, m.m. eglantine (Brown & Comber E5; North 1993; Spink 2518), creased and of somewhat waterworn appearance, otherwise lightly toned, a bolder fine, a seldom encountered fractional issue, in NGC holder, graded XF Details ~ Bent (Cert. #6295175-002)