Watch List notes:

Elizabeth I (1558-1603), Seventh Issue, Penny, 1601, Tower, E : D : G : ROSA SINE SPINA, crowned bust 5B left, rev. 1. CIVITAS LONDON, square-topped shield over long cross fourchée, 0.38g, 10h, m.m. 1 (BCW 1-1:1-a; North 2017; Spink 2587), softly struck on hair, otherwise light bluish tone on a fuller flan for type, very fine.

Estimate: £200 - £260