This is the obverse of a gold crown minted at Holyrood Palace in Edinburgh between 1526 and 1539, during the reign of James V. The coin was worth 20 shillings Scots.
The obverse bears a crowned pointed shield with a saltire to each side. The Latin inscription translates as: 'James V, by the Grace of God, King of Scots'.
Because they were struck at the mint Holyrood Palace, these coins were known as 'abbey crowns'.
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