James IV (1488-1513), Billon issues, Plack, type IV, Roman lettering both sides, pellet stops on obv., trefoil on rev., 2.38g/5h (SCBI 35, 857ff, B 27, fig. 700; S 5351). Slightly small of flan, otherwise nearly very fine £80-£100

Bt J. Philpotts