Penny of Alexander III

This hammered silver coin was found by John Ruczynski and was sent in three hours after it turned up. It was thought to be Scottish but further details were needed.

It is certainly Scottish and is a second coinage penny of Alexander III. On the obverse is a right-facing head of the king and the surrounding legend reads +ALEXANDER DEI GRA. On the reverse there are three mullets with six points and one start of seven points in the angles and the legend on this side reads REX SCO TOR VM+.

It has been estimated that up to 50 million pennies were struck during Alexander’s second coinage. The basic design is the same for all the coins but, as could be expected, there are many varieties.

The obverse of this coin is type E and the reverse appears to be type Mb. This, then, is a mule with 25 points on the reverse; as such it is rare.

Valuation

The coin is a bit weak in places but it otherwise in about VF condition so my price range would be £90-100.

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