Watch List notes:

SCOTLAND. William I 'The Lion'. 1165-1214. AR penny. 1.28 gm. 19 mm. Late William I and posthumous. Short cross. Phase B. 1205-1230. Head left; [...] WILLAM / Voided short cross, six point stars in angles; +HVE WALTER. S. 5029. Near Very Fine; nicely toned, with iridescence.