A Hoard of Coins found at Perth

Abstract

The hoard consisted of a mass of coins adhering to one another firmly. Probably the money had been contained in a bag of canvas or leather, which had rotted away completely in the course of centuries. The total was made up of 18 pieces of gold, 611 of silver, and 499 of billon (an alloy that contains gold or silver with copper or another base metal). The hoard must have been concealed not long after the accession of James IV in 1488. He is the latest king represented, and his coins are relatively very few in number.