ANGLO-SAXON, Kings of Mercia. Ceolwulf I. 821-823. AR Penny (19.5mm, 1.37 g, 6h). Portrait type. Mint in East Anglia (Ipswich?); Herebeorht, moneyer. + CEOLVVF REX (barred Mercian M), diademed and draped bust right / HER EBE+ RHT in three lines (the 3rd inverted), divided by two lines with hooked finials. Naismith E17j = EMC 2003.0151 (same dies); SCBI 67 (BM), 244-5 var. (second line retrograde); North 392; SCBC 927 (this coin illustrated, 54th ed.). Attractively toned. EF. Very rare, especially in such excellent preservation.
From the G.W. Trow Collection. Ex Dr. Andrew Wayne Collection (Triton XX, 10 January 2017), lot 1479; 'Charles' Collection (Dix, Noonan, Webb 93, 26 September 2011), lot 1005, purchased from Seaby, 1981.