Watch List notes:

SCOTLAND. James VI. 1567-1625. AR Two-thirds ryal (39mm, 20.44 g, 12h). Revaluation of 1578 on a Fourth period issue of Mary. Edinburgh mint. Dated 1565. Crowned royal coat-of-arms; thistles across field / Tortoise climbing crowned palm tree decorated with banner inscribed DAT GLORIA VIRES; 15 65 across field. For host coin: cf. Burns 11 and fig. 907 (for type); SCBI 35 (Ashmolean & Hunterian) 1128 (with countermark); SCBC 5426; for c/m: SCBC p.70. Good VF, toned, a few light scratches under tone on reverse. Host coin is first year of issue for Mary and Darnley.