Watch List notes:

NORMAN. Stephen. 1135-1154. AR Penny (18mm, 1.02 g, 5h). Cross Moline ('Watford') type (BMC i). Lincoln mint; Ragnwald, moneyer. Struck circa 1136-1145. Crowned bust right, holding lis-tipped scepter / + R[EIN]A[VT : ON : LI]N, cross moline. Mossop pl. LXXXVII, 5 (dies F/f); Mack 21e var. (rev. legend); BMC –; North 873; SCBC 1278. Lightly toned, flatly struck on obverse. Fine.

From the Allan Williams Collection. H.R. Mossop Collection (Glendining's, 6 November 1991), lot 445 (part of); Prestwich Hoard (Glendining's, 13 November 1974), lot 85.