Watch List notes:

ANGLO-SAXON, Kings of All England. Æthelred II. 978-1016. AR Penny (19.5mm, 0.87 g, 12h). Last Small Cross type (BMC i, var. d, Hild. A, var. e). London mint; Ealdred, moneyer. Struck 1009-1016. + EÐELRED RE+ Λ, diademed and draped bust left; bust reaches to edge of coin / + EALDRED M O LVND, small cross pattée. Lyon, Two –; SCBI 7 –; cf. Hild. 2443 (for moneyer); North 778; SCBC 1155. Lightly toned, a few peck marks, broken and repaired. Near EF. An extremely rare type, especially so with this fine style portrait & the obverse legend commencing at 8 o'clock.