1 Groat - David II 3rd Coinage

David II returned to Scotland in 1357 after eleven years as an English prisoner, ransomed for 100,000 merks under the Treaty of Berwick. His third coinage, introduced around 1367, was partly a response to the monetary pressures of meeting that ransom — a payment Scotland struggled to sustain for decades. The groat of this issue is distinguished from earlier David II strikings by subtle differences in the lettering and the number of arcs in the tressure, details that Spink and subsequent researchers have used to sequence the coinages.

Edinburgh was the primary mint. Die quality across the series is inconsistent, a reflection of the financial strain on Scottish royal administration throughout this period.