This is the reverse of a silver groat minted at Edinburgh between 1526 and 1539, during the reign of James V. The coin was worth 18 pence Scots.
The reverse has a pointed shield superimposed on a long cross fourchee. The Latin inscription translates as: 'Town of Edinburgh'.
James V's reign saw the introduction of two new gold coins - the crown and the ducat. The latter was the first Scottish gold coin to bear a portrait. A new billon coin called the bawbee also appeared for the first time.
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