Watch List notes:

SCOTLAND. Alexander III. 1249-1286. AR Penny (17mm, 1.45 g, 7h). First coinage, type III. Inverness mint; Gefrai moneyer. Struck 1250-circa 1280. Crowned head left; scepter before / ŷĚś ʽ²Ʃ ƩɃ, voided long cross; stars in quarters. SCBI 35 (Ashmolean & Hunterian), 123; SCBC 5043; DNW 60, lot 339 (same obv. die). Toned. Good Fine. Rare.

From the WCN Collection. Ex Roderick MacPherson Collection (Dix Noonan Webb 83, 30 September 2009), lot 3949, purchased from W. Ferris, February 1979.