Watch List notes:

SCOTLAND. Mary. 1542-1567. AR Testoon (29mm, 6.12 g, 4h). Second period, Francis and Mary, Type II. Edinburgh mint. Dated 1560. + FRAN · ET · MA · D · G · R · R · FRANCO · SCOTOR´ Q´, crowned conjoined arms of Francis and Mary; Greek cross and St. Andrew's cross flanking / + · VICIT · LEO · DE · TRIBV · IVDA · 1560, crowned F·M monogram; crowned lis and crowned thistle flanking. Cf. Burns 12 and fig 883; SCBI 35 (Ashmolean & Hunterian), 1091 and 1093; SCBC 5417. Richly toned, a little soft in parts. VF.