James I returned to Scotland in 1424 after eighteen years of captivity in England, and the demy was among the first coinages struck under his restored authority. The Type I demy follows the weight standard he inherited rather than any reform of his own — that would come later, under pressure from the debasements rippling across northern Europe. James himself was assassinated at Perth in 1437, making the entire run of his coinage compressed into barely thirteen years.
James I returned to Scotland in 1424 after eighteen years of captivity in England, and the demy was among the first coinages struck under his restored authority. The Type I demy follows the weight standard he inherited rather than any reform of his own — that would come later, under pressure from the debasements rippling across northern Europe. James himself was assassinated at Perth in 1437, making the entire run of his coinage compressed into barely thirteen years.