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DM07866

Scotland, James VI 1567 Ryal with 1578 revaluation countermark, first date

Scotland, James VI (1567-1625), silver Ryal or sword Dollar of Thirty Scottish Shillings, first coinage, 1567, with the crowned thistle revaluation countermark of 1578, crowned Scottish arms, crowned I to left, crowned R to right, Latin legend and toothed border surrounding, .:IACOBVS.6. DEI. GRATIA. REX. SCOTORVM., rev. crowned upright sword, date either side, pointing hand to upper left, value XXX to right, crown breaks beaded inner circle, Latin legend and toothed borders surrounding, .: PRO. ME. SI. MEREOR. IN. ME :. weight 30.41g (Burns 1, fig 921; S.5472). A little weakly struck on obverse, otherwise toned, very fine.

The Latin legend translates as on the obverse "James the Sixth by the grace of God, King of Scotland" and on the reverse "For me; but against me if I deserve."

By 1578 the price of silver had risen considerably and all the Ryals in circulation and their fractions were called in to be stamped with a crowned thistle. This revaluation mark pegged the silver Ryal at a new value of 36 Shillings and 9 Pence.

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