Watch List notes:

Scotland, James II (1685-1688), 40-Shillings, 1687 TERTIO, reads IACOBUS, laureate, draped and cuirassed bust right, rev. crowned garnished shield, + NEMO ME IMPUNE LACESSET : ANNO REGNI TERTIO :, downwards on edge, 18.28g, 12h (Spink 5637), rub to portrait, otherwise good fine / very fine, seldom encountered.

Estimate: £300 - £400