Found this beautiful inscription here in London. Look at those alternate characters. And that ampersand!
Any ideas on what might come close?

You could try submitting a smaller picture of the inscription to the Ampersand Blog:
http://ampersand.gosedesign.net/contact/

Getting back to your original question Mike, have you looked at some of the antique type revival fonts from Ted Staunton at Sherwood Fonts, like Mayflower, based on a 1610 bible?
- Mike Yanega
That might come close: Igino Marini's FELL Great Primer Roman SC http://www.hifonts.net/en/hiFont.2471

What is the small ’E’ and ’D’ all about?
I imagine that those were ways of saving space... If you look at old manuscripts and even early printed books, you will see many abbreviated words -- the abbreviations were a way to save space or make words fit. (By the way, I just found a PDF on early American tombstone inscriptions here.)
The interesting thing to me is the inconsistency of the way some of the contractions were done. For example, one "THE" uses an HE ligature, but others don't, and isn't YE just an archaic form of THE? It's almost like the stonecarver found his layout needed these adaptations to maintain symmetry on the face of the stone, as each line is centered. Almost as if he worked from the edges toward the center.
- Mike Yanega
"isn’t YE just an archaic form of THE?"
Technically, it isn't Ye as much as

“Ye” is a personal pronoun — think “you” or “y’all.” :)
Not on this tombstone :)
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