Sale: CNG 64, Lot: 1619. Estimate $200.  Closing Date: Wednesday, 24 September 2003.  Sold For $330. This amount does not include the buyer’s fee.

ANGLO-SAXON. Cnut. 1016-1035. AR Penny (0.99 gm). Short cross type, circa 1029-1036. York mint; Thorgrimr, moneyer. +CNV•T REX\, diademed and bearded bust left, sceptre before / + DVRGRIM ON EOFE•, voided short cross with circle enclosing central pellet. SCBI Copenhagen 864 (same dies); North 790; SCBC 1159. Toned, good VF. Rare bearded portrait. ($200)

From the Paul McIlroy Collection.

It is unclear whether the beard is present on the Copenhagen example. It is possible that it was added to the die at a later time, possibly to cover some flaw in the die.