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Research Coins: Feature Auction

Sale: CNG 64, Lot: 1664. Estimate $750. 
Closing Date: Wednesday, 24 September 2003. 
Sold For $800. This amount does not include the buyer’s fee.

SCOTLAND. James VI. Revaluation of 1578. 1567-1625. Counterstamp on 1558 Mary and Francis AR Teston (16.05 gm). Crowned arms of Francis (as Dauphin) and Mary over long cross / Crowned FM monogram, lis above crown; Lorraine cross on each side; counterstamp: crowned thistle. Counterstamp: SCBC pg. 70; host coin: Burns pg. 319, 1; SCBC 5416. Counterstamp and coin, toned, good VF. Exceptional counterstamp on a high grade host coin. ($750)

This Teston circulated at a face value of 5 shillings when issued under Mary, but was revalued at 7 shillings, 4 pence when recalled.