Eightpenny Groats of James VI
Michael Young said he had recently acquired the two coins featured here. Both are 20mm in diameter, said to be base metal and Michael asked what each coin might be worth.
The coins are Scottish and were struck for James VI. On the obverse is the crowned shield of Scotland and the legend on this side reads IACOB 6 D G R SCO. On the reverse is a crowned thistle and a legend reading OPPID EDINB. Therefore, the coins are eightpenny groats, which were struck at Edinburgh from1583 to 1590. They are mostly base metal but do contain 25% of silver.
The first example has no inner circles, so it is number 5512 in Coins of Scotland, Ireland and the islands. The obverse would grade near Fine and the reverse about VF for the type so my price range would be £30-40.
Coin number 2 has beaded inner circles so this is number 5513 in Coins of Scotland, Ireland and the Islands. The obverse has been struck well off centre and this side is only Fair but the reverse is Fine. My price range on this specimen would be £15-20.
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