1063640 | GREAT BRITAIN. England. Elizabeth I.
(Queen, 1533-1603). (1600-01)-O AR 4 Testerns. PCGS VF35.
Tower. 13.45gm. The Royal Arms /
Crowned portcullis. SCBC-2607B; Prid.-2; Salv.-3.
The "Portcullis" issues of Elizabeth I were struck to compete with the circulating denominations of the Spanish Colonial empire and as such were produced in denominations of 1, 2, 4, and 8 Testerns. The 'Company of Merchants of London Trading into the East Indies' (later the 'East India Company') failed to popularize the issues and they survived in very small numbers. Attractive cabinet patina and sharply struck; minor natural die cud at 2 o'clock on obverse.
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