Pound Scots
| Pund Scottis (Middle Scots) Punnd na h-Alba (in Scottish Gaelic) | |
|---|---|
 Gold Sword and Sceptre coin of 1601, with a denomination of £6 Scots | |
| Units of account | |
| Plural | pounds |
| Symbol | £ |
| Subunit | |
| 2⁄3 | merk |
| 1⁄20 | shilling |
| 1⁄240 | Penny Scots |
| Symbol | |
| shilling | s. or /– |
| Penny Scots | d. |
| Demographics | |
| Date of introduction | 12th century |
| User(s) | Kingdom of Scotland Earldom of Orkney |
| Issuance | |
| Central bank | Bank of Scotland (1695–1707) |
| Printer | Bank of Scotland (1695–1707) |
| Mint | See Mints of Scotland |
| This infobox shows the latest status before this currency was rendered obsolete. | |
The pound (Modern and Middle Scots: Pund) was the currency of the Kingdom of Scotland prior to 1707, after which Scotland became a country of the Kingdom of Great Britain and subsequently began using the pound sterling as its currency. It was introduced by David I, in the 12th century, on the Carolingian monetary system of a pound divided into 20 shillings, each of 12 pence. The Scottish currency was later devalued relative to sterling by debasement of its coinage. By the time of James III, one pound Scots was valued at five shillings sterling.