Obverse:

HENRIC VIII DI GRA REX AGL Z FR. St Michael slaying dragon. Annulet by head.

Reverse:

PER CRVCE TVA SAKVA NOS EPX REDE. Ship sailing r. quartered shield of arms at deck, h and rose at mast, annulet on ship.

Approaching very fine, well centred, weaker in parts but a very pleasing example of this scarce issue.