The Collection of Scottish Coins formed by Michael Gietzelt

James VI (1567-1625), Before Accession, Third coinage, Sixteen Shillings, 1581, mm. cross, 9.75g/7h (SCBI 35, 1234 and 58, 1449, same obv. die; B 1a, fig. 930, same obv. die; S 5482). Considerable tooling, otherwise fine, extremely rare £1,500-£2,000

This lot was sold as part of a special collection, The Collection of Scottish Coins formed by Michael Gietzelt.

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Provenance: R.C. Lockett Collection, Part I, Glendining Auction, 18-19 June 1957, lot 374; N. Asherson Collection; S. Fay [’Dundee’] Collection, Spink/Bowers & Ruddy Auction (Los Angeles), 19 February 1976, lot 374.

The previous provenance given for this coin, pre-Lockett ownership, is unsubstantiated