Watch List notes:

(x) Stephen (1135-54), Penny, 1.39g, Cross Moline ('Watford') type, variety with crescent before nose of king, London, Alvred, crowned and diademed bust right, holding sceptre in right hand, rev. alvred [: on : lvnden], cross moline, fleur in each angle (Mack -; N.877; S.1278 var.), off centre, very fine, an extremely rare and curious variety.
Provenance:
Glendining, 20 June 1990, lot 816

Two other examples from these dies have been noted, Spink auction 6, lot 510 (illustrated in North pl. xiv, 18) and SCBI 17 (Midlands) 753.
Estimate: £1000 - £1200