Watch List notes:

ANGLO-SAXON, Kings of All England. Æthelred II. 978-1016. AR Penny (20.5mm, 1.67 g, 9h). Long Cross type (BMC iva, Hild. D).. Chester mint; Ælfwine, moneyer. Struck circa 997-1003. Draped bust left; pellet behind neck / + ÆL EPIN E M'Θ LEIG, voided long cross, with pellet at center and triple crescent ends. SCBI 7 (Copenhagen), 470; North 774; SCBC 1151. Near VF, toned, striking crack, pecks. Rare moneyer.

Ex Spink 212 (28 March 2012), lot 367.