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.

Slabbed and very conservatively graded PCGS XF40.

Previously sold by us, April 2017 - Ref G1196

Ex Spink Numismatic Circular, April 2002 - Number HS1045