Watch List notes:

Stephen (1135‑1154), Penny, Midlands Group, Lozenge Fleury type, Lincoln mint, moneyer Paien, facing bust within inner linear circle, dished in the obverse legends. Rev, lozenge fleury motif, annulets in angles contained within linear circle, reads [‑‑]A[‑]N :ON [‑‑], 1.13g (S.1301; N.897; BMC.IV; SCBI 27 [Lincolnshire], 952; Mack. 72; Mossop, 16, Plate LXXXVII). Struck on an irregular flan normal for the type, jagged edges and the usual dishing. Fine, extremely rare, irrespective of grade.