Obverse:

HENRIC 8 D G AGL FRA HIB REX. St Michael slaying dragon.

Reverse:

PER CRVCE TVA SAKVA NOS EPX REDE. Ship sailing r. quartered shield of arms at deck, h and rose at mast and annulet on ship's side.

About fine, slightly clipped, damage at head and in field, closed crack on/around dragon but overall good detail and weight. Scarce issue.