A very nicely preserved piece.
A variation of the LI/LITVA legend
Obverse: in the cord rim, a narrow-bodied eagle with its head heraldically to the right, with a spread tail, with four-pronged paws; in the outer rim, a legend punctuated by three leaves: SIGIS AVG REX PO MAG DVX LI;
Reverse: in the corded rim, the Pogon to the left, below it the date 1547, in the outer rim the legend divided by three leaves:
COIN MAGNI DVCAT9 LITVA;