Watch List notes:

France, Kingdom. Philippe VI de Valois AV Écu d'or à la chaise. First emission, struck from 1 January 1337. ✠ PHILLIPPVS ⁑ DЄI ˣ ˣ GRA ˣ FRANCORVM ⁑ RЄX, Philippe seated facing on Gothic throne, holding sword, left hand resting on coat-of-arms to right; all within tressure of arches / ✠ ◦ XP'C ◦ VIꞂCIT : XP'C : RЄGNAT : XP'C : INPЄRAT, ornate cross fleurée with voided quatrefoil at centre; all within quadrilobe with arches ending in trefoils, leaf in each spandrel. Duplessy 249; Ciani 282; Friedberg 270. 4.51g, 29mm, 7h.

Near Mint State; in superb condition for the issue.

From the Long Valley River Collection;
Acquired from Jean Vinchon Numismatique & Phidias.