Watch List notes:

Kings of Mercia. Offa. 757-796. AR penny. 1.22 gm. 16 mm. Portrait and cross of lobes type. London mint, Dudda. His diademed and draped bust right, quatrefoil behind head; OFFAREX in front / + d U d in angles of a cross formed by four lobes with small saltires in center, nine pellets spaced around the edge. S. 905. Blunt 28. BNS (Chice) 24. N. 296. Good Very Fine; good silver and nearly full flan; exceptional style regal portrait with full name; third known example of this type. Very Rare.