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thumb|Laurel of James I
The Laurel was the third English gold coin with a value of twenty shillings (one pound sterling) produced during the reign of King James I. It was named after the laurel that the king is portrayed as wearing on his head, but it is considerably poorer in both quality and style than the sovereign and unite which preceded it. The coin was produced during James I's third coinage (1619-1625), five different busts of the king being used in these years. All the coins were produced at the Tower Mint in London. The laurel weighed ,