Andy Hillam said he would like to show off one of his first hammered silver finds of this year. He has been told that it is a penny of Richard I from one of the scarcer mints.
The coin is a class 4a penny of Richard I. On the reverse the legend starts with + ALEIN ON and ends with O but the letters preceding the O are unclear. However, if the full legend was visible it would read ALEIN ON DVNO, so Alein is the moneyer and Durham the mint.
On the obverse the legend is weak but the head of the king is clearly defined and stands out very well. The reverse would grade about VF for the issue but the mint signature is partly flat. The overall condition could be better but the coin is still a decent looking Richard I penny and specimens from the Durham mint are rare.