Watch List notes:

DENMARK. Knud IV den Hellige (the Saint). 1080-1086. AR Penny (16mm, 0.98 g, 8h). Roskilde mint; Arkil, moneyer. CNVT · REX · I I, crowned half-length bust right, holding sword / + ARKIL + ROSC ·, short cross pattée. Hauberg 7; cf. Hede I 64 (for type). Beautifully toned. EF. Rare.

Ex Allan Williams Collection (Part II, Spink 253, 3 July 2018), lot 351 (there on the cover); William J. Conte Collection (Baldwin's 13, 28 May 1997), lot 1459; Christian Lerche Collection (Bruun Rasmussen 572, 24 March 1992), lot 70.