Watch List notes:

SCOTLAND. Crown (20 Shillings), ND (1526-39). James V. NGC MS-61.
S-5370; Fr-24; Burns-2 (fig. 739). Second Coinage, Type III, Rounded Shield. A magnificent piece showing both superior execution and preservation. Rich yellow-gold tone is accented by vibrant satiny luster across the surfaces. Well centered and very sharp, featuring intact legends and nearly complete beading at the borders. Natural irregularity is noted at the upper obverse edge, but there are no significant abrasions throughout. Surely among the finest survivors and VERY RARE in such condition.

James V was just 17 months old when his father was killed at the Battle of Flodden on September 9th 1513, thrusting him into the kingship. Imprisoned by his regent until late adolescence, he married for the first time at 24. His bride, the daughter of King Francis I of France, helped strengthen the old French alliance, but alienated England even more -- a process aided by the death of his English mother and his strict Catholic adherence. His second bride bore him the only child who would survive infancy, a little girl named Mary who would be queen just six days after her birth.

From the Loch Ness Collection.

Estimate: $10000 - $15000