Watch List notes:

ANGLO-SAXON, Kings of Wessex. Æthelstan. 924-939. AR Penny (21mm, 1.60 g, 12h). Small cross/Horizontal-Trefoil 1 (HT 1) type (BMC i). North Eastern I mint; 'Cugeli', moneyer. ÆÐEL•STAN REX, small cross pattée / CVGEII/MOИEИ in two lines; three crosses pattée between, trefoil above and below. Blunt, Aethelstan 378; SCBI 34 (BM), –; SCBI 4 (Copenhagen), 710 (same obv. die); North 668/1b; SCBC 1089. Good VF, lightly toned, minor die break on reverse. Extremely rare moneyer, none in the EMC and Blunt photofile, only two in CoinArchives (CNG E-358, lot 530 [same obv. die] and DNW 127, lot 2275) and ACSearch (St. James 5, lot 14).