The obverse of the coin shows the King enthroned beneath a canopy, with two leopards' heads at the sides (the leopard being the heraldic "lion" on the English coat of arms); the legend is EDWR D GRA REX ANGL Z FRANC DNS HIB (Edward by the Grace of God King of England and France Lord of Ireland). The reverse of the coin shows the Royal cross within a quatrefoil, a leopard in each spandrel; the legend is IHC TRANSIENS PER MEDIUM ILLORUM IBAT (But Jesus passing through their midst went His way).
Only three examples of this coin are known to exist: two discovered on the River Tyne in 1857, and one discovered in January 2006. The latter coin was sold at auction in July 2006 for a record price for a British coin, of £460,000. 
For the nineteenth and twentieth century florin worth two shillings, see florin (British coin). For other denominations, see British coinage.