Penny Ceolwulf II (874-880) - Kings of Mercia, Cross and Lozenge type, Obverse: Bust to edge of coin, CIOLWLF, Reverse: Cross Crosslet with lozenge centre containing a small cross, moneyer LIOFWALD, S.944, North 429, BMC 403, 1.23 grammes, GVF with some loss of flan between 8 and 12 o'clock, an extremely rare issue, we note a full flan coin in comparable grade sold for £16,000 at auction in 2018
Estimate: 2000-3000 GBP