Watch List notes:

Elizabeth I, trade coinage, Portcullis money (1600-1601), two testerns, mm. 0, crowned shield of arms, crowned ER at sides, legend ends REGINA., rev. crowned portcullis, legend ends MEVM., wt. 6.26gms. (S.2607C; BCW.O-1A/O-a), pierced and plugged, about very fine *ex Hal Wells collection, Paul Bosco Auction 18, New York, 4 August, 1997, lot 69 Unusually, this piece is quite worn - the vast majority of the Portcullis money saw no circulation.

Estimate: £900-1100