The David McDonald Collection of Scottish Coins and Tokens

James V (1513-1542), Third coinage, Ducat or Bonnet piece, 1540, mm. saltire on obv., cross on rev., bust in bonnet right, annulet on inner circle behind, 5.65g/5h (SCBI 35, 905; B 4, fig. 754; S 5373). Scratch in front of face, otherwise very fine with attractive tone, very rare (£3,500-4,000)

This lot was sold as part of a special collection, The David McDonald Collection of Scottish Coins and Tokens.

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Provenance:
S.P. Fay ‘Dundee’ Collection, Bowers & Ruddy/Spink Auction (Los Angeles), 19 February 1976, lot 103