A nice piece, well struck, which is rare for these issues. Very well preserved mint luster.
Obverse: in the linear rim a cross with decorative arms ending in stylized lilies, in the outer rim a legend:
+HENRICVS-III-D:G-FRANC--ET-POL-REX 1588;
Reverse: crowned escutcheon with lilies of the Bourbons, between Roman numeral II-II, surrounded by legend:
SIT-NOMEN-DOMINI*BENE-DICTVM -T-;