Watch List notes:

Cnut (1016-35), Penny, Helmet type, Stamford, Morwulf, 0.97g, 12h, + •cnvt rex ai, legend starts at 12 o'clock, draped bust left wearing pointed helmet, sceptre before, rev. + morolf on stan, voided long cross over double-annulet, pelleted-annulets in angles, additional pellet in second and third quarter (Portrait N.IIIc, fig. 6; SCBI 27 (Lincolnshire) 3627-29; Hildebrand type G var.; BMC XIV var.; N.787 var.; S.1158 var.), very fine or near so, with trace verdigris in recesses, the additional pellets to reverse a documented variety for the Stamford mint, but rare for the issues by Morwulf.
Provenance
Lockdales, 25 August 2007, lot 553
Presumed to be from:
(Cambridge) 'Cnut' Hoard, c. 1993
Estimate: £180 - £220