This is the obverse of a billon plack minted at Edinburgh between 1488 and 1513, during the reign of James IV. The coin was worth four pence Scots.
The obverse has a crowned shield in a four-arc tressure with a crown on each side and fleurs-de-lys in all the spandrels. The Latin inscription translates as: 'James IV, by the Grace of God, King of Scots'.
James IV's coins were mainly continuations of the types issued during the previous reign. Those stylistic changes that did occur were largely backward-looking. No attempt was made to follow James III's example of using a realistic portrait.
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