Central angled view of the Magdalen College School in Wainfleet, Lincolnshire, legend around, date and ornament below, toothed border
Obverse script
Latin
Obverse lettering
FOUNDED BY WILLIAM WAYNEFLETE
1459
Reverse description
The female figure of Hope on dockside, standing facing on grass, left arm leaning on anchor, right hand raised. A large bale of goods behind, with two-masted ship at sail on left in the distance, legend around, date in exergue, toothed border
