Union of The Crowns (from 1603)
With the Union of the Crowns in 1603, Scottish coins became more closely based on English models, rather than Continental ones. At this period, it was still not uncommon for coins to be used in more than one country, partly because of their metal value. During the reign of Charles I, mechanical minting was introduced.
Following the union, James VI introduced the first gold coins that were similar on both sides of the border, with an exchange rate of 1 pound sterling to 12 pound Scots.
Read more about this topic: Scottish Coinage
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