GREAT BRITAIN. Penny, ND. Stephen (1135-54). NGC EF-45.
1.35 gms. S-1278; N-873. Watford type. Struck during a time of great civil unrest in Britain known as "The Anarchy". Once Henry I's only legitimate successor died aboard White Ship in 1120, it set-off a scramble to determine succession, with Stephen of Blois seizing the throne with assistance from his brother, Henry, Bishop of Winchester. The resulting power struggle resulted in relentless war internal and external to Britain for most of his reign. The coin presented here is a product of the environment of the time, and while somewhat crudely struck, it is far superior to what is normally seen for the type. Much better strike than what is normally seen for this crudely struck issue. Good detail with a clear portrait and an exceptional example of this type. NGC EF-45.
Estimate: $1200.00- $1600.00