Watch List notes:

Elizabeth I (1558-1603), second issue, Angel, mm. cross crosslet (1561-65), beaded inner circles, St. Michael slaying the dragon, ELIZABETH D G ANG FRA ET HIB REGINA, rev. ship facing right, bearing shield, cross above, E (over rose) and rose (over E) above, A DNO FACTVM EST ISTVD Z EST MIRABI, pellet stops, wt. 5.06gms. (S.2514; N.1979; Schneider 733; Brown & Comber C7). Good extremely fine, a sharply struck example. Perhaps once lightly cleaned in the past. Rare.

Ex. Comber, Part 1. Lot 8. Baldwins of St. James 15/10/2020.
Ex. Knightsbridge Coins, 2002.
Ex. Spink Auction 91, Lot 24, 01/05.1992.