Estimate: 8000 GBP
Price realized: 17 000 GBP
Early Anglo-Saxon Coins
BRITISH COINS, Kings of Wessex, Alfred the Great, Penny, Phase III, London Monogram type, ælfr ed re around diademed bust right, group of sixteen pellets above, rev. londonia monogram, cross pattée above and pyramid of six pellets below, 1.60g/9h (CNG Triton XX, 1527, same dies; SCBI Merseyside 436, same obv. die; N 644; S 1061). About extremely fine and toned, rare £8,000-10,000
Provenance: G.C. Drabble Collection, Part II, Glendining Auction, 13-14 December 1943, lot 838; Glendining Auction, 19 March 1969, lot 143; SNC February 1970 (1406a).
The introduction of the London Monogram issues is best placed to c. 880 (Blackburn, KCA, p.121). The type does not celebrate the occupation of London and the submission of all the English people to Alfred, but rather Alfred's assumption – or rather resumption – of control over the city from the Mercians after Ceolwulf II's demise. The issue was relatively short-lived and replaced by the Two Line type (see next lot)