RARE! Scotland - Gold James I Demy of 9 Shillings AU-55 NGC - Coin

Extremely rare!

NGC population: 5 total, 2 in this grade, only 2 graded higher.

James I of Scotland (1406-37), gold Demy of Nine Shillings, type III, upright lion within double lozenge with fleur de lis at apexes, beaded circles and abbreviated Latin legends surrounding with fleur de lis and saltire stops, initial mark crown xIACOBVS+ DE+I GRACIA+ REX SCx rev. I at centre of saltire cross, pellet below, fleur de lis either side, fleured tressure of six arcs surrounding, large quatrefoils around with raised pellet centres, beaded circles and legends around, initial mark cross with fleur de lis and pellet stops, ++SALVVm+ FAC POPVLVmx+ TVVm DnE :.:: weight 3.34g (S.5192). Toned good very fine and an unusual die variety on the reverse with rosette of pellets at end of legend and the letter I on saltire cross with the pellet quatrefoils, rare.

The abbreviated Latin legends translate as on the obverse "James, by the Grace of God, King of Scotland" and on the reverse "O Lord, save Thy people" a Psalm from the Bible. A great deal of the gold in the coinage of Scotland at this period was mined locally principally from Crawford Moor, when nuggets from 2 grams to 30 ounces were discovered.