I picked these up at a vintage warehouse in NYC.
They appear to be carved wax replicas of a 1589 medal of Elizabeth I. They are in useable, good vintage condition.
About the piece:
Medal commemorating dangers averted, 1589
Medal commemorating dangers averted, 1589'. Obverse: Bust of Queen Elizabeth, almost full face, crowned, ruff popular open in front, erect behind, gown puffed in diamond-shaped pattern and jewelled. Legend: ‘DITIOR . IN . TOTO . NON . ALTER . CIRCVLVS . ORBE.' (No other circle in the whole world more rich.) Obverse: A bay tree uninjured by lightning and winds, flourishing upon an island, inscribed ‘NON . IPSA . PERICVLA . TANGVNT.' (Not even dangers affect it.) Two ships in the distance. ‘E.R.' upon the field on either side of the tree. Border of leaves.
I cannot find anything else like this while researching.
Product code: Antique Lost Wax Carved Elizabeth I with popular Tree Medal Mold