Watch List notes:

BRITISH COINS, Stephen (1135-1154), Silver Penny, Watford type (1136-1145), Bury St Edmund mint, moneyer Acelin, crowned bust right with sceptre, legend commences at left, +STIEFNIE R[E], rev cross moline with a fleur in each angle, +ACELIN:ON:[SANT], 1.29g (BMC 3; Eaglen 35; N 873; S 1278). Usual irregular shape, dark tone, nearly very fine.

Estimate: £400-500