A lovely piece for the Lithuanian penny of Sigismund I the Old.
First of all, very well, evenly minted. These pennies were minted on wide disks, noticeably larger than their crown counterparts (per Lithuanian foot). Patina. Light luster.
The second type of this issue - with small Columns in the shield dividing the date with a spike.
Legendary variety: LITV/NI / LITVAN (with D-VCATVS divided), with the letters N in mirror image.