Rare coin found by metal detectorist sells for £8,500published at 12:01 British Summer Time 17 September 2020
An extremely rare 12th Century silver penny depicting King Stephen has sold for £8,500 at auction.
The coin was found on the Lincolnshire-South Yorkshire border by metal detectorist Graeme Rushton in 2018.
Auctioneers Dix Noonan Webb said the coin, which was minted in York in the early 1140s, was a fine example from the time. It is one of only 25 known examples in existence.
Artefacts and antiquities consultant Nigel Mills said: "This one is exceptional because it is complete and hasn't been damaged."
Mr Mills said the coin was bought by an American collector and was, to date, the only thing of note found at the undisclosed location.
However, he said what was interesting was all similar finds over the past 20 years had been discovered by metal detectorists.
The coin, which depicts Stephen and his wife Matilda, was found in a ploughed field just below the surface.