A nice piece. Unannotated reverse by Pączkowski.
Variety with the PR M legend ending, definitely rarer in the trade.
Obverse: half-figure of Sigismund III Vasa facing right. epaulet with two rows ofsmall ovals, between whichsmall rosettes are visible. Wing with the same rosettes. Four-barcrown with two thin brackets, with one row of jewels. Apple with two bands of jewels. Lower hemisphere with decoration. The king holds a broad sword with one shavings in his hand. Linear sash. Sash constructed of spirals. Thechain of the Order of the Golden Fleece contains flints, between which are placed vertical sticks instead of flint. The horizontal band of apple jewels contains large rosettes. A bow with two ribbons ending in short tassels and with a large knot. Theglobe on the crown is built of three segments, with a legend in the outer rim:
SIGIS-III-D:G-REX-POL-M:D:L-I:RVS-PR-M-;
Reverse: a five-field escutcheon with the coats of arms of the Crown of the Kingdom of Poland, the Grand Duchy of Lithuania and the Coat of Arms of the House of Vasa, crowned with a crown with a closed rim with 4 jewels, without fleurons, surmounted by a royal apple; On the sides of the escutcheon, the date 16-22 and labrys in the shape of snails, in a rope border, in the outer rim a legend punctuated by the coat of arms of Sas Treasurer Nicholas Danilovich in an ornamental shield:
SAM-LIV-NEC N:SV-GOT VAN:Q:HRI-R;