A readable, circulating piece.
One of the more interesting and ephemeral denominations of Polish coinage history. A coin minted only during the reign of Sigismund Augustus, interestingly with a value of 4 Lithuanian pennies, against 5 crown pennies. The issue of exchange rate differences soon caused the demise of this denomination after the Union of Lublin in 1569.
Variety with endings of legends LI/LITV.
Obverse: in the pearl rim a royal bust wearing a crown and plate armor, to the right, in the outer rim a legend with punctuation in the form of triplets:
SIGIS AVG D G REX PO MAG DVX LI;
Reverse: crowned coats of arms of the Grand Duchy of Lithuania and the Pillars of Gediminas - the historical coat of arms of Lithuania - in a pearl rim; on the sides of the crown, trilobes; under the shields, the denomination IIII; in the outer rim, a legend punctuated with trilobes:
COIN MAGNI DVCAT LITV 1568;
