Watch List notes:

Stephen (1135-1154), 'Watford' Type, Penny, c. 1135-1145, + STIE[FNE R], crowned and draped bust right, holding sceptre in front, rev. [+ .....]IN : ON : cross moline, inverted lys in angles, 1.45g [22.4grns] (North 935-936; Spink 1326), remarkably rotated and double-struck on obverse, otherwise field-toned on an irregular but complete flan, fair to fine in parts.

Estimate: £50 - £80