Rare coin found by metal detectorist to fetch £10,000

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An extremely rare 12th Century silver penny is expected to fetch more than £10,000 when it is sold, according to auctioneers.

The coin, which depicts King Stephen, was found on the Lincolnshire/South Yorkshire border by metal detectorist Graeme Rushton in 2018.

He did not realise what it was until he showed pictures of it to a to the Fitzwilliam Museum in Cambridge

The coin depicts Stephen and his wife Matilda. Stephen was a grandson of William I and succeeded his uncle Henry I as king of England in 1135.

However Henry had nominated his only surviving daughter Matilda as his heir and Stephen’s accession plunged England into a 19-year-long civil war, which became known as The Anarchy.

The coin  was found not far from the site of the Battle of Lincoln where Stephen was defeated and captured in 1141 by Matilda’s half-brother, Robert, Earl of Gloucester.

He was later released and in 1153 agreed to accept Matilda’s son Henry as his heir to bring the conflict to an end.

He died the following year.

The coin, which was minted in York in the early 1140s, is believed to be one of only 25 known examples and will be auctioned in September.

Sourced by: https://www.bbc.com/news/uk

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