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The E-Sylum: Volume 29, Number 1, 2026, Article 17

THE EARLIEST COIN MINTED IN SCOTLAND

This BBC report discusses a coin found by a metal detectorist that is the earliest known coin to be minted in Scotland. -Editor

coin of King David I of Scotland obverse The earliest known coin to be minted in Scotland almost 900 years ago has been acquired for the nation after it was found by a metal detectorist.

The medieval David I silver coin, discovered in a wooded area near Penicuik, Midlothian in 2023, has been dated to the second half of the 1130s.

As required by law it was reported it to Treasure Trove and allocated to National Museums Scotland (NMS) by the Scottish Archaeological Finds Allocation Panel.

The coin was valued at £15,000, which was paid to the finder as a reward by the King's and Lord Treasurer's Remembrancer.

The NMS said it would be used for research but it is hoped it will go on display in future.

King David I of Scotland, who reigned from 1124 until 1153, introduced the country's first coinage.

  coin of King David I of Scotland reverse

Alice Blackwell, senior curator of medieval archaeology and history, said it was thought all his earliest coins were created in a mint in Carlisle, Cumbria, which he took control of in the 1130s.

But she added: "This coin is really significant because it's the first of that earliest type, the earliest coins to actually have been minted outside of Carlisle.

"It was minted in Edinburgh, so it's the first time that we have Scottish coinage being minted in what was a core part of the Scottish kingdom."

The coin found in Midlothian has a portrait of the monarch's head on one side and a cross-based design on the other.

To read the complete article, see:
Earliest coin minted in Scotland saved for the nation after 900 years (https://www.bbc.com/news/articles/c4g5n3gld45o)

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Wayne Homren, Editor

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