James I (1603-25), gold Sovereign of Twenty Shillings, first coinage (1603-04), struck in crown gold of 22 carat fineness, first crowned armoured half-length figure of King right, holding orb and sceptre, Latin legend and beaded borders surrounding, initial mark thistle (21st May 1603 to 22nd May 1604) both sides, IACOBVS. D: G: ANG: SCO: FRAN: ET. HIB; REX., rev. crowned quartered shield of arms, I to left and R to right, Latin legend and beaded borders surrounding, EXVRGAT. DEVS. DISSIPENTVR. INIMICI., weight 10.98g (Schneider 1; N.2065; S.2608). Small metal flaw below sceptre arm corresponding with weak part at upper right of shield, nicely toned, some light hairlines, pit above I to left of shield, almost extremely fine and a very pleasing example of the first issue of gold Sovereign for this reign, very rare.