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8 Shillings - James VI 3rd Coinage

Issuer Edinburgh Mint
Year 1581
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Value 8 Shillings (0.4)
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Obverse description Central device depicts the crowned Royal Arms of Scotland: a shield bearing the rampant lion within a double tressure flory-counter-flory, surmounted by an arched imperial crown with fleur-de-lis finials. The shield and crown occupy the majority of the flan, rendered in bold relief characteristic of hammered coinage. A circular Latin legend surrounds the central device, reading IACOBVS · 6 · DEI · GRATIA · REX · SCOTORVM, identifying James VI as King of Scots by divine grace. The coin exhibits the irregular planchet and variable strike typical of late sixteenth-century Scottish hammered silver.
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Reverse script Latin
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Additional information

James VI's third coinage of 1581 introduced a new denomination structure that effectively abandoned the traditional Scottish monetary reckoning in favor of a more rationalized system — a financial reform pushed through while the king was still a teenager nominally ruling under the regency apparatus that had governed Scotland since his mother Mary's abdication in 1567. The 8 shilling piece sits at the upper end of this reformed silver series.

Spink 5483 is among the scarcer entries in the third coinage, with surviving examples predominantly found in institutional collections rather than the open market.

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