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Class 3a penny of Richard I

Colin Pearson had a bit of trouble pinning down this hammered silver coin so he sent in images and asked for my opinion.

The coin is a voided short cross penny and Colin had already translated the legend on the reverse as +OSBERN ON WINC, so the moneyer is Osbern and the mint Winchester. However, during which reign was this penny struck?     

The lettering is of a reasonably good quality, the crown worn by the king has five pearls at the base and the X of REX is plain and quite thick. All this adds up to the coin being a class 3a penny of Richard I. In the Standard Catalogue the type is said to “normally” have seven pearls in the crown but some Winchester mint coins have only five

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