James VI (1567-1625), Before Accession, Seventh coinage, Ten Shillings, 1594, Edinburgh, mm. rosette, 6.05g/8h (SCBI 35, 1256-9; SCBI 71, 1198ff; B 2, fig. 939; S 5493). Small striking split, otherwise good very fine and toned £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 July 1980

The coinage was ordered by Act of Parliament on 17 January 1594 (N.S.). The stated intent was to replace previous issues with new specie, the result was simply another issue placed into circulation to the great benefit of the King’s finances.