Cloth Seal, French, 1648 Image & Found by Kris Roberts.
Found on Hampshire Surrey border, 14mm.
44 (scratched) // crowned shield bearing three fleurs-de-lis with crowned L to left and crowned I to right, ...PE(?N)..*1648* around
The arms of France may have two Ls to the side rather than an L and an I (or even two Ls).
This may well be a cloth seal for the Cinq Grosse Fermes. The Cinq Grosse Fermes refers to the five large tax farms that made up the single farm set up by the Duke of Sully in 1598. The five things covered by the farms were a strange mixture of products, areas and permits; the salt tax, commodities entering Paris, the right to move goods from one province to another, tobacco and tax rights to an area of western France. They covered only twelve provinces of the kingdom; Normandy, Picardy, Champagne, Burgundy, Bresse, Bourbonnais, Berry, Poitou, Aunis, Anjou, Maine and Beaujolais.
From Philippe Lanez, "seems to read, around the crowned shield with three fleurs de lys, (de France) between two crowned 'L's for King Louis XIV : RENNES. So this seal is for one of the two royal manufactories in Rennes."