Edward III Noble, Fourth Coinage 1351-77, Tower Mint, Treaty Period, nice face

Edward III (1327-77), gold Noble of six shillings and eight pence, Fourth Coinage (1351-77), Tower Mint London, Treaty Period (1361-69) King standing in ship with upright sword and quartered shield, beaded circle surrounding, annulet before legend, oED WARDxx DEIxx GRAxxREXxx AnGLxx DnSxx hYBxZx AQ T, rev. E at centre of ornamental cross with lis terminals, crowns over lions in angles, all within a beaded and linear tressure, fleurs in spandrels, legend +IhCxx AVTEmxx TRAnSIEnSxx PERxx mEDIVxx ILLORVmxx IBAT, weight 7.67g(cf.Schneider 87; cf. Doubleday 216; N.1232; S.1503; Fr.95). Has been graded and slabbed by NGC as UNC Details due to "saltwater damage" suggesting this coin may well have come from a sunken treasure under the sea; the coin is full weight, fully round with an excellent portrait, the surfaces have a nice red hue and it seems a shame the service has not seen fit to grade it; however it seems to us that the coin has merely been struck from a rusty obverse die with the associated raised "rust" dots that manifest on the surfaces; almost extremely fine.