Historiated Initial with Miniature of the Annunciation to the Shepherds. One three-line illuminated initial in red and white - with an interior painting ofThe Annunciation to the Shepherds on gold ground; two two-line illuminated initials, eight one-line illuminated initials and six illuminated line extenders in gold on a blue and red ground;elaborate rinceaux border (recto) in red, pink, green, gold, blue, liquid & burnished gold.