Scotland, Alexander III Penny, first coinage, Inverness Mint, moneyer Gefrai

Scotland, Alexander III (1249-86), silver Penny, first coinage, long voided cross and stars (1250-1280), Type III, Inverness mint, moneyer Gefrai, crowned profile bust left, small head with neat crown, legend reads +ALEXANDER REX, the ER ligatured, rev. voided long cross, four stars of six points in angles, legend surrounds GEFRAI ON INV, weight 0.99g (SCBI 35 [Scottish], 123/A; Burns type V, 68 fig. 123; S.5043). Marginally short of flan from past clipping, otherwise a bold very fine, extremely rare mint, perhaps less than ten known.