Watch List notes:

ANGLO-SAXON, Kings of All England. Æthelred II. 978-1016. AR Penny (20mm, 1.64 g, 12h). Crux type (BMC iiia, Hild. C). Hereford mint; Leofgar, moneyer. Struck circa 991-997. Draped bust left; trefoil-tipped scepter to left / + LEOFGΛR M–O (HE)RE, voided short cross; C–R–V–X in quarters. North 770; SCBC 1148. Minor porosity, a few peck marks. VF. Rare.

Ex Terence Maudlin (Dix, Noonan, & Webb 160, 5 June 2019), lot 109.