Watch List notes:

SCOTLAND. Alexander III. 1249-1286. AR Penny (20mm, 1.34 g, 10h). Second coinage, Class Mb2. Struck circa 1280-1286. + ΛLЄXΛ(ND)ЄR DЄI GRΛ, crowned head left (hair punch h); scepter to left / + RЄX SCO TOR VM, long cross pattée, with 26 points on mullets in quarters. Burns 50 (fig. 198); Stewart & North 13-4; SCBI 35 (Ashmolean & Hunterian), 233-4; SCBC 5055. Near VF, darkly toned, scratch under tone on obverse, slightly ragged flan.

From the B.H. Webb Collection.