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⅔ Ducat - James V 3rd Coinage
| Issuer | Scotland |
|---|---|
| Year | 1540 |
| Type | Standard circulation coin |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Mintage | 1540 |
| Additional information |
James V's third coinage of 1540 was issued during a period of aggressive fiscal reform, with the king extracting substantial wealth from the Scottish church — a policy that funded both his minting program and his broader political ambitions without requiring parliamentary consent. The ducat denominations of this coinage are among the rarest survivors of sixteenth-century Scottish gold, with documented examples numbering in the single digits for some fractions.
Spink 5374 is a seldom-encountered fraction even by the standards of this series.