Watch List notes:

Great Britain. Kings of Mercia, Offa (757-796) AR Penny. Heavy Coinage, London. M OFFA REX in three lines with beaded bars between and three pellets in upper left, upper right and lower left corners / EAL HMVND around ornate square cross with a pellet in each quarter. St. James's Auction 33, 20 May 2015, lot 56; S.908; cf. N.328; Chick 205 for this moneyer; cf. CEB.89. 1.41g, 19mm, 12h.

Very Fine; wavy flan, edge chipped. Extremely Rare, perhaps the second known example of this reverse type.

From the inventory of a UK dealer.