Watch List notes:

James I (1603-25), Rose-Ryal, second coinage, 13.33g, mm. cinquefoil, obv. / trefoil / tower / mullet / coronet; rev. / trefoil / tower, •iacobvs• d! g! mag! brit / fran! et• hiber! rex•, king seated on throne holding orb and sceptre, portcullis below, rev. •a•dno• factvm• est• istvd• et• est• mirab! in• ocv! nris•, square topped shield on Tudor rose (N.2079; S.2632; Schneider 10, same dies before overmarking), struck from a worn obverse die, lightly creased, almost very fine, very rare.
:G W Shaw, Sotheby, 21 July 1924, lot 202R C Lockett, Glendining, 11-17 October 1956, lot 2075Bt A H Baldwin, March 1999
Estimate: £7,000.00 - £9,000.00