Watch List notes:

James VI, half merk, eighth coinage (d. 1602), crowned shield, IACOBVS 6 G D G R SCOTORVM, rev. crowned thistle, REGEM IOVA PROTEGIT 1602, wt. 3.38gms (S.5498), a bold fine, scarce in this grade
*ex Andrew Howitt, 12/02/2009, purchased for £225
Burns fig. 944 no. 2

Estimate: 175 - 275 GBP