Watch List notes:

Elizabeth I (1558-1603), Second Issue, 'Crown Gold', Halfcrown, 1561-1565, Tower, (m.m.) ELIZABETH: D'. G.' AN: FR.' ET: HI.' REGINA, crowned bust 3F left, rev. (m.m.) SCVTVM: FIDEI: PROTEGET: EAM, crowned shield dividing E-R, 1.39g, 11h, m.m. cross crosslet (Spink 2524; Schneider I, 753; N.1984; Brown & Comber J5 this coin; Montagu III, 56; Murdoch II, 600; cf. Adams 16; Lockett II, 1996 = Wilkinson 1394), trace double striking to reverse and die-capping to flan, otherwise a pleasingly good very fine, very rare.
Provenance
Spink 270, 17 January 2021, lot 25
Comber, Part, I, BSJ 50, 25 October 2020, lot 20
V J E Ryan, Glendining, 28 June 1950, lot 344* (via Baldwin, 1985)
Estimate: £5000 - £6000