This is the obverse of a silver penny minted at Berwick between 1165 and 1174, during the reign of William I. The coin was worth one penny Scots.
The obverse bears a crowned bust with a sceptre. The Latin inscription translates as : 'King William'.
William I was given the name 'the Lion' not for his courage, but because he replaced the dragon on the arms of Scotland by the lion rampant. William's mints included Roxburgh, Berwick, Edinburgh and Perth.
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