A nice piece, well struck, which is rare for these issues.
Obverse: in the linear border a cross with decorative arms ending in stylized lilies, in the outer border a legend:
+HENRICVS-III-D G-FRANC-ET-POL-REX-1581;
Reverse: in the linear rim a crowned shield of arms with the lilies of the Bourbons, between the Roman numeral II-II, in the rim legend:
SIT-NOMEN-DOMINI-BENEDICTVM -H-;