||James II (1437-60) gold Demy ND, 1st Coinage, 1437-51, S-5217, AU55 NGC. Crown mm. Annulets for stops on reverse, on which side the variants appear on this issue. Surrounding the central saltire cross (with a lis on either side of it) is a ring of six large quatrefoils each having a center pellet. All of these features are well detailed on this pleasing coin, especially on the reverse. A bit short of flan and showing some ancient scuffing on the obverse legend, but overall this is a choice specimen. With a commercial value of 9 shillings in gold, this denomination, introduced during this reign, found wide acceptance. Many denominations had been debased under the previous king, and gold was reduced to 22ct fineness. The Latin legend of the reverse, SALVUM FAC POPULUM TUUM DOMINE in full but abbreviated here, translates to mean "Oh Lord, save Thy people" (Psalm 28:10), but strife would continue to sweep the Scottish kingdom for many years to come. Ex: "Colonel" E.H.R. Green; Green Estate' Partnership of Eric P Newman / B.G. Johnson.
Realized $4,112.50. Description courtesy of Heritage Auctions.