CNG 103, Lot: 1211. Estimate $1000. Sold for $3250. This amount does not include the buyer’s fee.

SCOTLAND. David I. 1124-1153. AR Penny (19mm, 1.25 g). Phase B. In the name of Stephen I of England. Uncertain mint, possibly Carlisle; Erebald, moneyer. Struck circa 1145-1150. Crowned bust right, holding lis-tipped scepter / Cross moline-fleury. Burns 24b; SCBI 35 (Ashmolean & Hunterian) –; SCBC 5004. Fine, toned, a few scratches. Very rare, among the earliest coinage of Scotland.

From the Arthur M. Fitts III Collection. Ex Classical Numismatic Group Electronic Auction 266 (19 October 2011), lot 585; Jeremy Woodward Collection (Classical Numismatic Group Electronic Auction 162, 11 April 2007), lot 373.