Watch List notes:

Elizabeth I (1558‑1603), One Testern, 'Portcullis Money', crowned quartered shield of arms, crowned E and R flanking, toothed inner circles both sides with outer toothed borders, initial mark O [undated, 1600‑01], ELIZABETH DG AN FR ET HI REGINA. Rev, crowned portcullis with chains, beaded circles and legend surrounding POSVI DEVM ADIVTOREM MEVM, 3.20g (S.2607D; N.‑ Pridmore 4). Evenly toned with a fully centred strike on a marginally irregular flan, obverse die potentially worn, some fade in the three lions of shield. Rev, all the main areas clear, some soft spots, portcullis and chains struck with precision. Very fine, very rare.