Shakespearean king bestowing honour on naked crone (6)
I believe the answer is:
oberon
'shakespearean king' is the definition.
'oberon' can be an answer for 'king' (I've seen this before). I'm not certain of the 'shakespearean' bit.
'bestowing honour on naked crone' is the wordplay.
'bestowing honour on' becomes 'obe' (I can't justify this - if you can you should believe this answer much more).
'naked' means to look at the middle letters.
The central letters of 'crone' are 'ron'.
'obe'+'ron'='OBERON'
Can you help me to learn more?
(Other definitions for oberon that I've seen before include "King of the fairies (AMND)" , "...[IN DREAM] with king" , "Borneo (anag)" , "Spirited king" , "Titania's consort" .)