Elizabeth I (1558-1603), East India Company, Portcullis coinage, 8 Testerns, m.m. O, no stop after regina, 26.94g/3h (Prid. 1; same obv. die as FRC 140-1, same rev. die as Spink 3, 740; S. 2607A). Much of the lettering and toothed circumferential border exhibit signs of having been been tooled or re-cut, otherwise obverse very fine with pleasing olive appearance, reverse nearly so and well-centred, rare £5,000-£7,000

This lot was sold as part of a special collection, English and Anglo-Gallic Coins from the Michael Gietzelt Collection.

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Provenance: Acquired in Ashton-under-Lyne (Lancashire) c. 1975; DNW Auction 28, 28 January 1997, lot 211.

The seven other known specimens from this particular obverse die clearly show the punctuation between the words of the legend as contraction marks; the punctuation on this particular piece has been re-cut to resemble colon stops and much of the lettering and toothed circumferential border exhibits signs of having been been tooled or re-cut