Of the last-named--a splendid production of an English goldsmith of the Elizabethan period--it is impossible to speak with adequate praise. Like the Phoenix Jewel, it is modelled upon a contemporary medal, though in an entirely different style. Upon the front is a profile bust of Queen Elizabeth from the Personal or Garter badge of 1582, upon an enamelled ground of aventurine blue, inscribed with the royal title. The opposite side forms a locket containing a miniature of Elizabeth by Hilliard dated 1580, and covered with a lid enamelled with translucent colours--on the outside with the Ark and the motto SAEVAS TRANQUILLA PER UNDAS (as on the "Naval Award Medal" of 1588), and on the inside with the Tudor rose and a laudatory Latin motto--the same as appears round the reverse of the Phoenix Badge of 1574, which refers to Elizabeth with a regret "that virtue endued with so much beauty should not uninjured enjoy perpetual life." The jewel is bordered by strapwork _à jour_ of opaque blue and white enamel set with table diamonds and rubies. This exquisite object, which is in the highest possible state of preservation, and retains its fine enamel entirely uninjured, was sold at Messrs. Christie's in July, 1902, for the large sum of £5,250 (Pl. XXXIV, 5, 6). The third jewel of this class, also undoubtedly English, is in the Poldi-Pezzoli Museum at Milan. It has in the centre a mother-of-pearl medallion with the Ark carved in low relief, of the same design as on the Morgan Jewel and the 1588 medal, surrounded by the like inscription--SAEVAS TRANQVILA PER VNDAS--in gold on white enamel, and encircled by a band of table-cut rubies. The edge is enamelled with translucent red and green, and opaque white enamel (Pl. XXXV, 3). The Ark floating tranquilly amid violent waves is emblematic of the fortunes of England, or possibly of Elizabeth, who, according to the legend PER TOT DISCRIMINA RERUM which appears on the back of the jewel, had sailed triumphantly through many dangers. No account of this important object has previously been published, nor has its nationality up to the present been noticed, or at any rate recorded.