James V (1513-1542), Third coinage, Two-Thirds Ducat, 1540, mm. lis on obv., cross on rev., pellet below shield, 3.70g/4h (SCBI 35, 906-7, same dies; SCBI 58, 36-7, same dies; B 1, fig. 755; S 5374). Possibly removed from a ring mount, otherwise nearly very fine £3,000-£4,000

This lot was sold as part of a special collection, The Collection of Scottish Coins formed by Michael Gietzelt.

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