Watch List notes:

Penny Offa, Light coinage, London or Canterbury, moneyer Ealmund, + OFFA REX +, bareheaded bust right, rev. al· h mvn ∂ in three lines within serpent-torque, pellets around, weight 1.19g (Chick 37; CEB 42; North 318; S.905). GVF with dark tone, rare, Ex-DNW 18/9/2013 Lot 1311

Estimate: 3000-3500 GBP