It bears the earliest known inscription that can be argued to be in Anglo-Frisian Futhorc (as opposed to Common Germanic Elder Futhark).
It may have originated in northern Germany or southern Scandinavia and been brought to England with an early Anglo-Saxon settler.
The inscription reads right to left around the circumference of the obverse side, terminating at the image of the wolf: ᚷᚫᚷᚩᚷᚫg͡æg͡og͡æᛗᚫᚷᚫmægæᛗᛖᛞᚢmeduᚷᚫᚷᚩᚷᚫ ᛗᚫᚷᚫ ᛗᛖᛞᚢg͡æg͡og͡æ mægæ meduThe o is the earliest known instance of the os rune ᚩ contrasting with the æsc rune ᚫ.
The words mægæ medu are interpreted as meaning "med for the mæg", i.e. "reward for relatives", referring to the bracteate itself.
The word gægogæ appears to be some magical invocation or battle cry, comparable to the g͡ag͡ag͡a on the Kragehul I lance-shaft.