Watch List notes:

British Coins, Mercia, Offa, penny, heavy coinage (c.792-796), London, Ciolhard, +OFFA between beaded lines, REX below, uncial M, with contraction bar above, rev. +CIOL / HARD, lower part inverted, divided by beaded line, within two lobes, wt. 1.38gms. (S.908; N.326; Chick 203a; Blunt -), full flan, very fine, rare (1500 - 2000 GBP)