Watch List notes:

STUART. Charles I. 1625-1649. AR Penny (12mm, 8h). Group D, type III.4. Tower (London) mint. Struck circa 1634-1640. Crowned and mantled bust left; I (denomination) behind / Garnished coat-of-arms. North 2271; SCBC 2846. In NGC encapsulation graded VF 30. Toned, areas of flat strike.

From the R.D. Frederick Collection. Ex Eric P. Newman Collection (Heritage 241418, 29 April 2014), lot 17031.