CNG 102, Lot: 1289. Estimate $750. Sold for $650. This amount does not include the buyer’s fee.

DENMARK. Magnus I den Gode (the Good) Olufsen. 1042-1047. AR Penny (17mm, 1.03 g, 1h). East Danish standard. Lund mint; Sumarlith, moneyer. Struck 1042-circa 1044. Helmeted and armored bust left, with shield over arm; pellet-in-annulet behind / + SV ME RLE DΘN, voided long cross with triple-crescent ends and pellet at center. Becker, Coinages, dies M4/162; Hauberg 1 var. (moneyer; same obv. die); Hede II 37 (this coin); cf. Becker Collection 63 (same obv. die). Good VF, toned. Same dies as ___.

Ex Holger Hede Collection (Part II, Bruun-Rasmussen, 28 September 1991), lot 327.

Becker’s die study of the Lund mint during the reigns of Harthacnut and Magnus the Good revealed that certain dies in the name of “Harthacnut” can be linked to obverses of Magnus. The present coin is struck from the same reverse die as lot 1287, above, a penny of Hardeknud.