Watch List notes:

ANGLO-SAXON, Kings of All England. Cnut, 1016-1035. Penny (Silver, 20 mm, 1.04 g, 3 h), quatrefoil type, Thetford, struck by the moneyer Sumerlede, circa 1017-1023. +CNVT REX ANGLORVI Crowned and draped bust of Cnut to left. Rev. +SV-MER-LEDI-O DEO Long cross on quatrefoil. North 781. SCBC 1157. Boldly struck and lightly toned. Good very fine.
From the Moesa Collection, Switzerland.