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This is a nice silver shilling of King James Ist, First Coinage, Thistle mm, struck at London in 1603 - 1604. Second bust beard appears to merge with collar.
Obverse: IACOBVS·D·G·ANG·SCO·FRA·ET·HIB·REX, ( "James by the Grace of God King of England, Scotland, France and Ireland") 2nd crowned bust of King James I right, mintmark 'Thistle'.
Reverse: EXVRGAT DEVS DISSIPENTVR INIMICI “May God rise up, may [his] enemies be scattered” Quartered shield of arms within, legend around.
CULTURE: Stuart England
MONARCH: King James Ist
DATE: 1603 - 1625 AD (this coin minted in 1603 - 1604 AD)
SIZE: 30.57mm diameter
WEIGHT: 5.96 grams
ATTRIBUTION: Spink 2646
PROVENANCE: Formerly in a private collection Montgomeryshire, United Kingdom.