Great Britain
Stephen (1135-54) Penny c.1136-45 XF45 NGC, London mint, Dereman as moneyer, Watford type, S-1278, North-873. STIEFNE [RE], crowned and diademed bust right holding scepter / + DEREM[AN ON] • LV, cross moline with fleurs in angles. Struck on a typical flan with some weakness to the portrait but much sharper legends than are generally seen. A very scarce and charming type from the period of The Anarchy.
Estimate: 1200-1800 USD