Obverse:

[IA]COBVS [DEI] TRACIA REX SCOTOR. Crowned facing bust, sceptre to the left, lis on breast, lis and I by neck, saltire on shoulders. Three lis and pellet at end of legend.

Reverse:

DNS PTECOTO[R M]SE L[I]BATOR M, VILLA EDINBVRGH. Long cross without lis in centre, fleur-de-lis and three pellets in alternate angles, extra small pellets and saltire.

Falt in part otherwise about very fine for issue and rare. 

Ex Mark Senior Nov 1998