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Sovereign type penny of Henry VII

This hammered silver coin was sent in by Glenn Lister, who had already identified it but asked if I could give him a valuation.

The coin is a sovereign type penny of Henry VII, who was the first monarch of the Tudor dynasty. On the obverse, seated on a throne with only one pillar, is King Henry. The stops in the legend on this side are trefoils. The king’s head stands out very well, with the line for his chin looking like a large, smiling mouth.

Within the inner circle on the reverse is a shield of arms with keys below it. The surrounding legend reads CIVI TAS EBO RACI. Pennies of this type were struck for Thomas Rotherham (died 29 May 1500) when he was Archbishop of York. There is no mint mark on either side.    

Valuation

Glenn’s find would grade about VF but the obverse has been struck well off centre. Despite the faulty strike to the obverse this penny is still in well above average condition. To a keen collector it should be worth around £100.

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