Watch List notes:

Elizabeth I (1558‑1603), first issue, angel, mintmark lis (1558‑60), wire‑line inner circles both sides, Saint Michael slaying the dragon, legend surrounds ELIZABETH DG ANG FRA Z HIB REG. Rev, ship in sail, bearing quartered shield of arms, cross above, E and rose either side, reads A DNO FACTVM EST ISTVD Z EST MIRABI, pellet stops, 4.95 (S.2513; N.1979; cf. Schneider 732) Toned, some surface markings and metal stress striations. Portrait showing some nice detail, legends and ship in sail clear. Good fine, very rare.