Watch List notes:

SCOTLAND. James VI. 1567-1625. AR Twenty Shillings (33.5mm, 13.74 g, 12h). Fourth coinage. Edinburgh mint. Dated 1582. Crowned and armored bust left, holding sword / Crowned royal coat-of-arms; I R and XX S (value) across field. Burns 2/1 (fig. 934); cf. SCBI 35 (Ashmolean & Hunterian) 1241 (for obv.; same die); SCBC 5489. Good Fine, some corrosion, deposits, and tooling. Rare.

From the D.C. Kopen Collection. Ex Spink Smythe (19 May 2012), lot 968.