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pierced mullet of five points in each angle
the top of which being divided into lines to symbolize lanes of a running track or swimming pool
Proof silver Florin
the gold has been slabbed and graded by NGC as £5=PF63
Scotland, James V 1540 gold 2/3 Bonnet piece of Two Merks VF20 pierced mullet of five pointsScotland James V (1513 42), gold Two Thirds Ducat or Bonnet piece of Two Merks, 1540, third coinage (1539 42), bonnet type, bearded profile portrait right wearing bonnet, beaded circles and legend surrounding both sides, annulet on inner circle at 9 o'clock, initial mark lis, IACOBVS. D. G. R. SCOTORVM. 1. 5. 40, rev. crowned Scottish arms, I to left and 5 to right all within inner beaded circle, legend surrounding + HONOR. REGIS. IVDICIVM. DILIGIT