Watch List notes:

NORMAN, Civil War. Empress Matilda. 1139-1148. AR Penny (20mm, 1.07 g). Cardiff mint; Ioli de Brit, moneyer. I[M •] HE • MA •, crowned bust right, holding lis-tipped scepter / + [IOLI:DE:BRI]T:C[AIE]R, cross patonce over cross fleurée in saltire. Boon, Coed-y-Wenallt 88 (this coin); Mack –; North –; SCBC 1326A. Toned, crystallized, fragmentary, broken in three pieces since discovery. Good Fine. Very rare.

From the West Collection. St. James 7 (8 February 2008), lot 43; Spink 20 (31 March 1982), lot 38; 1980 Coed-y-Wenallt Hoard.