This is a most interesting anomaly which at first glance brings to mind of course Spanish cuphilts and indeed without being next to a 'bilbo' (M1728) Spanish sword it is in degree mindful of these type swords.
The blade appears to be a Solingen product, and it seems inscriptions of these kinds abound in these rapier blades, and as Sir James Mann notes in the Wallace collection (1962, p.304, A599) these inscriptions appear to be German corruptions of Spanish wording.
There examples of EM IOENEVENDO and LDC EVLENEELO are noted as 'making no sense'. The sword discussed is a German rapier c.1615.
The 'anchor' and the characteristic XX markings are typical of Solingen work.
In "The Rapier and Small Sword 1460-1820" AVB Norman, 1980, p.192, and in plate photo #59, a pommel very similar to this is shown on sword of 'Pappenheimer' style (pierced bilobate discs placed lower exposing inner guard) as N. Europe, c. 1625-35.
Also these kinds of rapiers with bilobate discs are seen in other entries (photo #61, and type 64 hilt).
In looking at this sword the small sword hilt comes to mind as well, but with less upward discs, in examples of 1640s, yet this sword has a distinct guard system structure to later cup hilt rapiers of Spain and Italy.
I am wondering if perhaps this is a rapier of the Low Countries with its austere demeanor and Spanish hilt features combined with the bilobate discs of the Pappenheimer fashion of the mid 17thc. +.
Possibly Jasper might have a look.
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