Watch List notes:

STEPHEN, (1135-1154), silver penny, Watford type, Colchester Mint, (1.42 g), Safare moneyer, (S.1278, N 873). Attractively toned, good portrait for this issue, good very fine and very rare.

Ex Matthew Rich Collection and previously Baldwins 2015 Summer fixed price list. Also the Gordon Doubleday Norman & Plantagenet Coins, Glendining, 8 June 1988, lot 677.