40 Shillings - William and Mary

William and Mary's Scottish coinage was issued under the authority of the Scottish Parliament, which had declared James VII deposed in April 1689 following the Glorious Revolution — a constitutionally distinct act from the English settlement, reflecting Scotland's separate crown. The 40 shilling denomination was the principal silver coin of the Scottish series, and production ran across multiple die pairs now catalogued under the Spink range covering this type.

Scottish silver of this reign is frequently found with significant die cracks and alignment irregularities, a product of the Edinburgh Mint's chronic underfunding throughout the 1690s.