Watch List notes:

ANGLO-SAXON, Kings of Kent. Baldred. 823/4-825/6. AR Penny (20mm, 1.18 g, 9h). Rochester mint; Æthelmod, moneyer. Diademed bust right / + EDELmOD mO(NE)TΛ, wheel design with eight spokes around central annulet. Naismith R8.1e (this coin); SCBI 9 (Ashmolean), 41 (same dies); North 218; SCBC 881. Find patina, some edge loss, lightly creased with associated cracks, broken and repaired. VF. A good portrait. Extremely rare.

From the Allan Williams Collection. Ex Spink Numismatic Circular CI.10 (December 1993), no. 8410.