Watch List notes:

SCOTTISH COINS, James VI (1567-1625), Fifth coinage, Thistle Noble, mm. quatrefoil, pellet stops, 7.64g/7h (cf. SCBI 35, 1148ff; SCBI 58, 1255; B 2, fig. 951; S 5456). Very slightly creased and with a 1cm crack at 4 o'clock, otherwise better than very fine, very rare
£4,000-5,000

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An undamaged specimen in similar condition fetched £12,000 hammer in September 2014 (DNW 124, lot 2787)