Watch List notes:

France, Kingdom. Philippe VI de Valois AV Écu d'or à la chaise. First emission, struck from 1 January 1337. ✠ PҺILLIPPVS ⁑ DЄI ˣ ˣ GRA ˣ FRAꞂCORVᙏ ⁑ RЄX, Philippe seated facing on Gothic throne, holding sword, left hand resting on coat-of-arms to right; all within tressure of arches with trefoils in spandrels / ✠ ◦ XP'C ⦂ VIꞂCIT ⦂ XP'C ⦂ RЄGИAT ⦂ XP'C ⦂ IИPЄRAT, 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. 4.52g, 30mm, 2h.

Extremely Fine; matte.

From the GK Collection;
Ex MDC Monnaies de Collection sarl, Auction 3, 1 December 2017, lot 375.