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TUDOR. Henry VII. 1485-1509. AR Groat (26.5mm, 2.84 g, 11h). Facing bust issue, class IIIc. London (Tower) mint; im: anchor/lis issuant from rose. Struck 1499. (anchor) hЄnRIC · DI’· GRA’· RЄX · ΛGL’ · Z · FR (saltire stops), crowned facing bust; broken quatrefoils flanking neck / (lis issuant from rose) POSVI DЄV’· Λ DIVTO R’· mЄVm/ CIVI TΛS · LOn DOn (saltire stops), long cross; three pellets in quarters. SCBI 23 (Ashmolean), 349 var. (legend stops); Stewartby p. 436; North 1705c; SCBC 2199. Good VF, toned, with a darker band of toning on the obverse. Very rare mule of initial marks.

Ex Lord Stewartby Collection; Spink Numismatic Circular LXXXIII.3 (March 1975), no. 2042.