Shilling of Charles I?

This heavily clipped hammered silver coin is a recent find that came in from Martin Depear with a request for a full ID and a valuation.

From the portrait and mark of value on the obverse it could be taken to be a shilling of Charles I. However, that would only be partly right. It is a coin of Charles I but instead of being an English shilling it is a Scottish 12 shilling piece.

The clue as to exact identity is in the crowned shield of arms on the reverse. English shillings have the quartered arms of England and France in the first and fourth quarters of the shield. Scottish 12 shillings pieces have the Scottish arms in the first and fourth quarters.

Additionally, the latter also have a crown above the shield, a crowned letter C to the left and a crowned R to the right.

Valuation

Had this coin not been clipped then it would have been worth £250-300. Sadly, as the legend has almost completely disappeared, it would now be worth £30-40 at best.

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