Watch List notes:

NORMAN. Stephen. 1135-1154. AR Penny (19mm, 1.17 g, 7h). Cross Moline ('Watford') type (BMC i). Lincoln mint; Sigeweard(?), moneyer. Struck circa 1136-1145. Crowned bust right, holding lis-tipped scepter / [+S...] : ON : LI[N...], cross moline. Mack 21f; BMC –; North 873; SCBC 1278. Lightly toned. Small rim chip. Near VF.

From the Allan Williams Collection, purchased from Pacific Commemoratives, November 1990. Possibly ex Prestwich Hoard.