Expanding cross type penny of Edward the Confessor

This coin came in from Geoff Bramble, who had already identified it but he asked for a valuation.

The coin is an expanding cross type penny of Edward the Confessor. This type dates from AD 1050 to 1053. On the reverse the legend reads +LEOFPINE ON SCREO, so Leofwine is the moneyer and Shrewsbury the mint.

Valuation

The type, mint and moneyer combination is very rare for Edward the Confessor. I traced a similar coin, which was struck from different dies but was the same type, mint and moneyer. This was graded as good VF and sold for $1,500 in 2016, which at the time was about £1,000.

The obverse of Geoff’s penny would grade good VF. The reverse has been struck off centre and would grade no higher than VF. If this coin was offered for sale at auction then a likely pre-sale auction estimate would be £700 to £800. As it is a rarity, with competition between prospective buyers in a saleroom the hammer price might push through the higher estimate.

Valuation Service

If you would like your coin identified or valued, please read about my valuation service and contact me