Obverse:

[IACOBVS] D[E]I [TRA]CIA REX SCOTOR. Crowned facing bust, sceptre to the left, lis on breast, lis and I by neck, saltire on shoulders

Reverse:

DNS PTECTOR [MSE LIBA]TOR M, VILLA ED[INB]VRGH. Long cross with small lis in centre, fleur-de-lis and three pellets in alternate angles, extra small pellets and saltire.

About very fine for issue, rare. 

Ex D. McDonald Collection, DNW Auction, 7 Oct 2004 - Lot 688 [bt K. Stephens]