The Spang Collection of The Kings & Queens of England. Viking Danelaw, East Anglia, circa 880.

Guthrum. Penny, AR 19 mm. 1.26 g., Two Line issue. Small cross. +EL FR ED EE around. Rev. CENE FERR (retrograde) in two lines. S.966. North 475/1.
Extremely rare and in exceptional condition. Perfectly struck on a full flan
with a wonderful light iridescent tone. Virtually as struck and almost Fdc

Privately purchased from Wolfshead gallery. From Greco and Cross collections.
Amazing example of Guthrum minting in the Danelaw after his peace with Aelfred. By far the finest example of this period.