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H4465 - DENMARK, Knud den Store (Cnut the Great)), (King of Denmark 1018-1035, King of England 1016-1035), Silver Penning, 0.80g., Lund mint (Lund, Skåne (now Sweden)), as the English Pointed Helmet type (1024 - 1030), moneyer Alfweald, bust wearing pointed helmet holding sceptre left, +CNVT REX A, rev., voided short cross with annulet in each angle and over base of cross, +ALFPOLD MO LVND:, (cf Hauberg 10; cf N.787; cf S. 1158), good very fine, toned and rare. $995 SOLD

The moneyer Ælfweald is not known at London for Cnut, moreover the die style, flan and low weight are typical of a Scandinavian issue.

An early Danish issue of Cnut or possibly Harthacnut struck at Lund in present day Sweden. The dies are of good style and most probably the work of an English moneyer. Early attempts to strike English style coins of uniform design to a standard weight standard like this soon gave way to the more eclectic designs and regional weight standards that characterize the later Danish coinage of Cnut and Harthacnut.