SCOTLAND. Mary Stuart. 1542-1567. AR testoon. 6.09 gm. 28.5 mm. Third period, 1560-1565. First widowhood. 1562 Scarcest date). Her bust left in contemporary costume; MARIA DEI GRA SCOTORVM REGINA around, 1562 in tablet below / Crowned arms of France and Scotland, crowned M to either side; SALVVM FAC POPVLVM TVVM DOMINE. S. 5422. SCBI 35 1113. Burns II: p 333:4. pl lxiv:899. Extremely Fine; well struck and beautifully toned, small area of light scratches in front of face.
The Leland Scott Collection. A rare date; purchased privately by the cataloger from Spink earlier this century with a notation that only 20 or so are known of this date and this is among the top third in terms of condition; judging from the few photographs available for this piece--museum collections and examples sold at auction over the past couple of decades--this piece does rank as among the best; even the Burns 1562 piece has weak facial details and the SCBI examples are more worn, three of them significantly so. The well-detailed strike on this piece is superior to that shown on the Murdoch example as well.
The last sale for which I can find a record of a high grade 1562 piece is a January 2012 sale at the New York International Coin Fair where the Baldwin's/Markov/M&M auction sold an example for $27,500 plus commission. That piece, while well centered and generally well struck lacks all eye detail and has several pronounced digs in the obverse field. (I recall viewing the coin at that time. AD).
Davissons Ltd uses a soft close for its auctions, which means no lot closes until everyone is done bidding. Every time a bid is placed within the final 40 seconds of a lot closing, the timer is reset to 40 seconds. This continues until no bids are placed for 40 seconds, at which point the lot closes. There will never be more than one lot closing at once, as the next lot is not allowed to begin closing until the current lot closes.
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