This is the reverse of a silver William I penny minted at Roxburgh between around 1195 and around 1245. The coin was worth one penny Scots.
The reverse has a short voided cross with six-pointed star in each angle. The Latin inscription translates as: 'Raul (the moneyer) at Roxburgh'.
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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