The latin legend on the Britannia side is perfectly normal, the reason you have seen them with REG is because they also exist with REG(INA), due to the fact that not only Kings (ie REX) appeared on fractional farthings. The Latin legend says: Britain: King, Defender of the Faith. No idea about the weird lombardic looking side. It's not really a great picture. There are plenty of so called Coin Dealers in the UK, that really don't seem to have a grasp of coins at all. You'll find them mostly in shops that also sell antiques and other collectables. The chances are, these people will be of little use. You could send it to the Royal Mint in Wales, and you will get it back, but expect it to take up to a year! I have a very knowledgable friend in Kent, and when in the UK I'm generally in Kent too. British Musuem would be fine I suspect, but you'd need to make sure you saw the specialist. Post in here when there is a chance it will get to England, I'd like to see it, just so I can say 'I told you so' and then gloat around the place!