Watch List notes:

NORMAN. Stephen. 1135-1154. AR Penny (19mm, 1.45 g, 5h). Cross Moline ('Watford') type (BMC i). London mint; Smeawine, moneyer. Struck circa 1136-1145. Crowned bust right, holding lis-tipped scepter / + SM[EAP]IN : ON : LV :, cross moline. Mack 22o; BMC 70-1; North 873; SCBC 1278. Toned, areas of weak strike. Near VF.

From the Allan Williams Collection, purchased from Baldwin's, May 1992. Ex Col. H.W. Morrieson Collection (Sotheby & Co., 20 November 1933), lot 101 (part of; with ticket); E.W. Rashleigh (Sotheby, Wilkinson, & Hodge, 21 June 1909), lot 115.