Watch List notes:

(x) Scotland, David I (1124-53), Penny, 1.33g, period A, Edinburgh, Derind, as Stephen type 1, dav[id] rex, crowned bust right, sceptre before, annulet for eye and more drapery, rev. de[...] o[...] n[...], cross moline with inward facing fleurs in quarters (B. fig. 24c; S.5003), legends soft in parts, otherwise very fine and toned, with a clear portrait, very rare.
Provenance:
DNW, 28 September 2006, lot 922
DNW, 5 October 2002, lot 596
Drabble, part 1, Glendining, 4-6 July 1939, lot 759
Carlyon-Britton ('recent purchases'), listed in Spink Numismatic Circular, February 1913, no. 1695, EF, RR, £8.10/-
Estimate: £2500 - £3000