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1/2 Demy - James I Type II
| Issuer | Scotland |
|---|---|
| Year | 1424-1437 |
| Type | Standard circulation coin |
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| Obverse description | A lion rampant is depicted at the centre of the field, enclosed within a diamond-shaped lozenge formed by double linear borders. The lozenge is itself surrounded by a plain inner circle and an outer beaded border, between which runs the circular Latin legend in Gothic uncial lettering. The overall design reflects the bold, stylised heraldic convention typical of late medieval Scottish hammered gold coinage. |
|---|---|
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| Obverse lettering | IACOBVS DEI GRACIA R (Translation: James, by the Grace of God, King of Scots) |
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| Additional information |
James I returned to Scotland in 1424 after eighteen years of captivity in England, and his immediate fiscal priority was restoring a coinage that had deteriorated badly under the regency. The Type II demy reflects his reform effort — a deliberate recalibration of the Scottish gold standard against the English noble to facilitate cross-border trade that his own ransom negotiations had made politically urgent.
He was murdered at Perth in 1437, placing a hard terminus on this issue.