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The unicorn was a gold coin that formed part of Scottish coinage between 1484 and 1525. It was initially issued in the reign of James III with a value of 18 shillings Scots, [1] but rising gold prices during the reign of James V caused its value to increase first to 20 shillings, and then 22. [2] The obverse of the coin shows a crowned unicorn.
Following the 1707 union between the Kingdom of Scotland and the Kingdom of England, the Scottish silver (but not gold nor copper) coinage was replaced with new silver coins, with the aim of creating a common currency for the new Kingdom of Great Britain as required by the Treaty of Union. [21]
The Scottish Mint was the Kingdom of Scotland's official maker of Scottish coinage. There were a number of mints in Scotland, for the production of the Scottish coinage with the most important mint being in the capital, Edinburgh , which was active from the reign of David I (1124–1153), and was the last to close, in the 19th century.
A Lion was a Scottish gold coin ordered to be struck in 1451 which featured a lion on one side and a depiction of St. Andrew on the other. The coin weighted the same as half an English Noble and was worth six shillings and eight pence .
The Demy was a Scottish gold coin struck under reign of James I of Scotland and based on the English half Noble coin. With a face value 9 Scottish shillings the coin was later replaced with the Lion coin by James II of Scotland [1] [2]
A Half-pistole was a Scottish gold coin minted in 1701 under the reign of King William III. Along with the Pistole it was one of last gold coin minted for the Kingdom of Scotland before the Acts of Union 1707. [1] The Half-pistole was equal to 6 Scottish pounds with an approximate value equal to the British Half guinea. [2] [3]
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