Watch List notes:

SCOTLAND. William I 'the Lion'. 1165-1214. AR Penny (18mm, 1.37 g, 5h). Third (Short Cross & Stars) coinage, phase B. Edinburgh or Perth mint; Hue and Walter, moneyers. Struck circa 1205-circa 1230. Crowned head left; scepter to left / + hVЄ WALTЄR, voided short cross; stars in quarters. SCBC 5029. Fine, porous.