James V (1513-1542), Second coinage, Groat, Holyrood Abbey mint, type IVa, bust right with wide-collared mantle, smooth chain and single-arched crown, five jewels to band, lis decorations, nothing in field, rev. shield with rounded base, cross-ends E, pelleted v in oppidv, trefoil stops both sides, 2.64g/1h (SCBI 35, –; SCBI 58, 112; SCBI 71, –; B 6, fig. 708, same dies; S 5379). Creased, good fine or better, the variety extremely rare £300-£400

This lot was sold as part of a special collection, A Collection of Scottish Coins, the Property of a Gentleman.

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bt D.L. Cavanagh February 1982

This is the earlier variety of type IV, with the new portrait but retaining the trefoil stops of the previous type; only known from two obverse dies, it is very rare.