Obverse:

ELIZABETH D G ANG FR ET HI REGINA. St Michael slaying dragon.

Reverse:

A DNO FACTVM EST ISTVD ET EST MIRA. Ship sailing r. quartered shield of arms at deck, E and rose at mast. 

PCGS slabbed and graded XF40 

About very fine, full flan and clear detail. A good example of this rare issue, seldom offered for sale.