Great Britain
Kings of Mercia. Ceolwulf II (874-880) Penny ND AU Details (Planchet Flaw) PCGS, London, Liofvald as moneyer, cross-and-lozenge type, S-944, North-429 (Extremely Rare). +CIOLVV | LF REX, diademed bust right / LIO | FV | AL | D M in angles of cross crosslet with lozenge center, small cross within. A very rare type struck under the last king of independent Mercia, scarcely offered in any grade; the cataloguer can only find evidence of four other examples of this type being offered within the last decade. The present piece has been well struck, perhaps too well, as the thin planchet has given way at the edges (as is very usual for this type). However, the planchet flaws are narrow and do not infringe on the designs whatsoever. Ceolwulf's portrait is especially bold and without wear, prominent in front of a field bearing diagonal die-polish lines. The toning on this piece is somewhat uneven, likely due to time spent underground; the majority of the coin, however, shows bright original luster indicative of a coin which saw no significant circulation. With no certainty of another example coming to market any time soon, collectors of this ever-popular and historical numismatic series will have to place a strong bid to obtain this Penny for their collection.
HID02901242017
Estimate: 15000-18000 USD