CNG 109, Lot: 809. Estimate $750. Sold for $950. 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); cf. CNG 102, lot 1287 (Penny of Hardeknud, same rev. die). Good VF, toned.

From the BRN Collection. Ex Classical Numismatic Group 102 (16 May 2016), lot 1289; Holger Hede Collection (Part II, Bruun-Rasmussen, 28 September 1991), lot 327.

Becker’s die study of the Lund mint during the reigns of Hardeknud and Magnus revealed that certain reverse dies were used to strike coins of both kings. The present coin is struck from the same reverse die as CNG 102, lot 1287, a penny of Hardeknud.