Obverse:

HENRIC VIII DI GRA REX AGL Z FR. 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.

Good very fine, clear field and extremely sharp detail to legs and body, weaker to face, perfectly centred rev. Overall a very pleasing example.