At least we know that is from NETHERLANDS
there are no many coins with the writing "PAR VÆ CRESCVNT"
and it's from 1596 MONETA BELGICA ...
with beams ...
Though not so obvious to find
The closest wording I found is from Friesland:

The closest portrait is from a "graaf van Leicester" (sure not the first Earl who died on
1588)

a bit like
this.