The Spang Collection of The Kings & Queens of England. Stephen, 1135 – 1154.

Penny, AR 20 mm. 1.47 g., Watford type, 1136-1145. Gloucester mint. Crowned bust r., holding sceptre. Rev. Cross moline, +PIBERT: ON: GOPE. S. 1278. North 873.
Extremely rare. A bold portrait with a lovely iridescent tone and extremely Fine

Ex Sotheby, Wilkinson & Hodge 12 June 1909, E.W. Rashleigh, 508; Glendining 20 April 1944, Lord Grantley, 1286; SNC July 1944, 26143; Marshall 31 March 2004, 72 and Davisson’s 40, 141 sales.