Watch List notes:

Penny Stephen, Cross Moline ('Watford') type, S.1278, North 873, Obverse: ST[ ] R, Reverse [ ] ON [ ] TIG, Oxford mint, moneyer Swetig, 1.41 grammes, VF with full portrait of the King, weakness in the legend where described, overall a very pleasing example, very desirable with this amount of detail

Estimate: 1300-1500 GBP