Watch List notes:

ANGLO-SAXON, Kings of Mercia. Burgred. 852-874. AR Penny (19mm, 1.26 g, 9h). Lunette type. London mint; Wulfræd, moneyer. Phase IIIa, struck circa 868/70-874. Diademed bust right / VVLFRED across central field; ·: MON :· ·: ETA :· in lunettes above and below. MacKay V5.234 (dies O4/R3; this coin); SCBI 4 (Copenhagen), 81; North 423; SCBC 942D. Toned, edge chip. VF.

From the Todd Hansen Collection. Ex W.C. Boyd (Baldwin's 42, 26 September 2005), lot 762, purchased from Spink, December 1988.