Watch List notes:

BRITISH COINS, Scotland, Mary Queen of Scots, with Francis as Dauphin, Silver Testoon of Five Shillings, 1560, type II, with re-valuation countermark of 1578 for Seven Shillings and Fourpence, arms of Dauphin dimidiated with Scottish arms, cross to left, saltire to right, legend surrounding, FRAN. ET. MA. D. G. R. R. SCOTOR. Q., rev crowned FM monogram, crowned fleur de lis to left, crowned thistle to right, legend and date surrounding, initial mark cross pattée, +.VICIT. LEO. DE. TRIBV. IVDA. 1560 (SCBI 58:1023; S 5417 and p.70). Good very fine, toned.
ex A H Baldwin & Sons Ltd, c.1980

Estimate: £400-600