LYON: Charlemagne, 768-814, AR denier (1.22g), ND, Roberts-888var, 2nd issue, Lugdunum (Lyon) Mint issue, nice bold strike and well-centered, with natural old toning, variety with no dots to sides of S in CARoLVS, NGC graded EF40, RR. In the results of a CoinArchives search, only one other piece was listed for this variety with no dots adjacent to the "S".
Estimate: 2,500-3,000 USD