Watch List notes:

ANGLO-SAXON, Kings of Wessex. Eadred. 946-955. AR Penny (23mm, 1.25 g, 3h). Horizontal-Rosette 2 (HR 2) type (BMC i). Chester mint; Theodræd, moneyer. EΛDRED RE•X, small cross pattée / TEOÐ/RED N in two lines; cross pattée flanked by annulets between, rosette above and below. CTCE 201; SCBI 34 (BM), 611 var. (legends); North 708; SCBC 1113. Near VF, toned, minor edge chip. Very rare.

Ex 'Collection of Tenth Century Pennies' (Spink 214, 26 September 2012), lot 528; Dix, Noonan, Webb (8 September 1999), lot 201.