Watch List notes:

James I, groat, first fleur-de-lis issue, Edinburgh, chain circles on both sides variety, small neat bust, sceptre to left, two saltires on the breast, 'I' at each side of neck, 'I' to the base of the sceptre, pellets in arc of tressure of seven arcs, IAC[OBVS DEI TRAC] IA REX SCOTOR, rev. long cross, fleur-de-lis in first and third quarters, three pellets in second and fourth quarters, DNS P TECOTOR M[S] [LI] [BATOR]M, inner legend, IVLLA EDINBVRGH, wt. 2.02gms (S.5197), very rare, a clear fine
*ex Tom Greaves, 18/05/2020, purchased for £350
Burns: same obverse die fig. 439C no. 11c, but reverse is different
Lockett VI, October 1960, lot 835: similar, but different dies, listed as very rare

Estimate: 250 - 350 GBP