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This is a nice King James VI billion Hardhead (2d), issued at Edinburgh November 1588 - 1590.
Obverse crowned 'IR' Inscription: · IACOB' · 6 · D · G · R · SCO' (James VI, by the Grace of God, King of Scots)
Reverse crowned rampant lion, mark of value (two pellets) to the right. Inscription: VINCIT · VERITAS ·(Truth conquers)
This is a good example with an old ticket/envelope
DENOMINATION: Hardhead (2 pence)
CULTURE: Stuart Scotland
MONARCH: King James VI
DATE: 1566 - 1625 A.D.
SIZE: 19mm diameter
WEIGHT: 1.45 grams
ATTRIBUTION: Spink 5518
PROVENANCE: Formerly in an old collection, Gloucester - with collectors ticket.