Obverse:

ÆÐELRÆD REX ANGLOX. Bust l. sceptre in front.

Reverse:

PVLFNOРM¯O DOR. Voided short cross, CRVX in angles.

Small edge nick and silver stress on bust otherwise about very fine, very rare with excellent provenance. 

Ex Dr Burstal Collection, Glendining Auction, 15 May 1968 - Lot 12 (Part)

Ex Duke of Argyll Collection [purchased en bloc by Spink, 1949] 

Ex Major P W P Carlyon-Britton Collection, Sotheby's Auction, 17-21 Nov 1913 - Lot 502 (Part)

Ex E W Rashleigh, Sotheby's Auction, 21-28 June 1909 - Lot 284 (Part)