good extremely fine and a scarce variety of the proof
and faces Whitehall and the date 1689
3206 type 4b)
good fine to almost very fine and extremely rare
REGNO 1644
Scotland, James V 1540 Ducat or 'Bonnet Piece' of Forty Shillings, rare issue good extremely fine and aScotland James V (1513 42),gold Ducat of Forty Shillings or Bonnet piece of Three Merks, 1540, third coinage (1539 42), bonnet type, bearded profile portrait right wearing bonnet, beaded circles and legend surrounding both sides, annulet on inner circle at 9 o'clock, initial mark saltire, X IACOBVS. 5. DEI. GRA. R. SCOTOR 1540,rev. crowned Scottish arms over cross fleury, + HONOR! REGIS. IVDICIVM. DILIGIT, weight 5. 68g (Burns 4, fig. 754; SCBI 35: