This is the obverse of a silver touchpiece of King Charles III (the 'Young Pretender'). The touchpiece dates from 1766.
The obverse bears a representation of St Michael and the Dragon. The Latin inscription reads 'SOLI DEO GLORIA'. There is a loop for suspension.
When James VIII (the 'Old Pretender') died in 1766, Charles assumed the title of King. He continued the practice of 'touching' for the Kings Evil - scrofula (tuberculosis of the lymphatic glands).
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