Watch List notes:

Cnut (1016-35), Penny, Quatrefoil type, Cambridge, Ornost, 0.95g, 7h, + cnvt rex anglo, diademed and draped bust left inside quatrefoil, rev. + ornst • grat, voided long cross over voided quatrefoil (SCBI 13 (Copenhagen) 1099-1106; Hildebrand type E, 1005; BMC VIII; N.781; S.1157), bright surfaces and some legend ghosting, and an endearingly crude portrait, the crown more likened to a Chieftain's headdress, otherwise very fine, scarce.
Provenance
London Coins 123, 6-7 December 2008, lot 832
Presumed to be from:
(Cambridge) 'Cnut' Hoard, c. 1993
Estimate: £200 - £250