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Coin (Obverse), penny, from reign of James III

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Coin (Obverse), penny, from reign of James III
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This is the obverse of a billon penny minted at Edinburgh between 1470 and 1485, during the reign of James III. The coin was worth one penny Scots.

The obverse bears a crowned bust. The Latin inscription translates as: 'James, by the Grace of God'.

James III's reign saw a number of major coinage innovations including two new gold coins - the rider and the unicorn; a large billon coin - the plack; and thistle-heads and a realistic portrait of the king appearing on coins for the first time.

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