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Research Coins: Electronic Auction

 
318, Lot: 1106. Estimate $500.
Sold for $575. This amount does not include the buyer’s fee.

SCOTLAND. William I 'the Lion'. 1165-1214. AR Penny (18mm, 1.39 g, 5h). Edinburgh or Perth mint; Hue and Walter, moneyers. Struck circa 1205-1214. + LЄ RЄI WILAmЄ, crowned head left; scepter before / + ҺVЄ WALTЄR (five pellets), voided short cross pattée; mullet of six points in each angle. Burns 13 (fig. 49) var. (four pellets on rev.); SCBI –; SCBC 5029. Good VF, toned, area of weak strike.


In his book on Scottish coinage (p. 14), I. Stewart notes (based on Burns) that the amount of points on the mullets on the reverse indicate the mint of origin, and finds support in the coinage of Alexander II that indicates the pennies with four mullets of six points probably indicates Berwick. Since Stewart's book, however, multiple die links have been found of obverse dies combined with reverses having separate patterns of mullets, which makes the mintmark theory almost certainly incorrect. The two moneyers here, Hue and Walter, had been separately operating at the Edinburgh and Perth mints in the earlier, mint-signed coinage, so it is possible that they were both brought together at one of the other for this phase of the coinage. In any event, this coin is from the second earliest group, characterized by good style busts, and is likely to have been struck during William's reign.