Published on January 13th, 2015 | by Sally Wenham

Rare Silver Pennies Sell For Thousands

Here at the Post Office Shop, we sell a large variety of collectible coins widely ranging in value. However, three rare silver pennies have recently sold at auction for a great deal more than that, for more than £11,000 in fact! The pennies, two from the Saxon and one from the Norman period, were found in different locations across the UK.

The earlier Saxon coins were both made by a moneyer named Wihtred who resided in Ipswich and made coins between 757 and 800AD. Both coins were found separately, one was found near Eye in 2012 and the other was found near Haughley in June 2014. The coin which was discovered in 2012 sold for £5,500 at auction and the more recent discovery raised £2,200.

The coin found near Eye was produced during the reign of King Eadwald and bore his effigy; the coin was expected to raise £4,000 however it eclipsed that figure. The second Saxon penny bears the effigy of King Offa, who reigned between 757 and 796AD. The Norman penny was produced in Leicester by the moneyer Friothekest between 1066 and 1087AD and bore the effigy of William the Conqueror.

These prices can only bode well for a hoard of ancient coins which were found in a Buckinghamshire field earlier in January. The collection of over 5,000 coins was discovered by a member of the Weekend Wanderers Detecting Club and is believed to be one of the largest collections of coins ever found in Britain.

The coins were sealed in a lead bucket and buried two feet below a field in Aylesbury. The hoard included specimens which date back as early as the Late Saxon, Early Norman period of the 11th Century and bear the effigies of kings Ethelred the Unready and Canute. These coins have now been taken to the British Museum for inspection.

If you would like to have a silver penny of your own at a more modest asking price, why not take a look at the Silver Penny For Any Occasion which is available now from the Post Office Shop.

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