Obv: (sexfoil)RICHARD.VTHWAT.AT.THE , around beaded inner circle, crowned CR .
Rev: (sexfoil)TAVERNE.IN.TOWER.STREET , around beaded inner circle, (sexfoil)V(sexfoil) over R L with (rosette)1/2(rosette) below.
Pierced.
Ex Norweb 7768a; ex R. H. Thompson.
M Dickinson 3224A, but VTHWAT, which is very clear on this specimen.
Very rare.

Sold March 25