James V (1513-1542), Second coinage, Groat, type III, similar, but without pellet above V of SCOTORV, two pellets behind bust by inner circle at 8 o’clock, trefoil stops, 2.68g/10h (SCBI 35, 928; SCBI 58, 90-2; B –; S 5378). Obverse good fine, reverse better
£150-180

Provenance: Sotheby Auction, 1-2 October 1987, lot 72 (part)