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GM24208

Canute Penny, Short cross type, Bruton Mint, moneyer Aelfwine, very rare

Canute (1016-35), silver short cross Penny (1029-35), Bruton Mint, Moneyer Aelfwine, diademed bust left with sceptre, legend surrounding commences at upper left, CNVT .RECX, rev. pellet in annulet at centre of voided short cross, linear circles and legend surrounding, +EL.FPII ON BRIV, weight 1.06g (SCBI Copenhagen 13:108-111; BMC type XVI; N.790; S.1159). Toned, flan a little undulating, some light marks, a full coin without pecks, good very fine, and a very rare mint indeed.

The legends translate as "Canute King" on obverse and on the reverse "Aelfwine of Bruton."

Despite Canute being essentially a Viking King from overseas, the coinages of England continued in a similar vein to those of Aethelred II, in that the types changed every six years, meaning there are three main types for this reign, of which the quatrefoil type was the first. According to North there were up to 74 mints in operation with perhaps four other enigmatic places that remain uncertain. North records only two different moneyers working at Bruton in his reign through three types.

Canute could have been as young as 21 when he ascended the English throne after the 28th November 1016 upon the death of Edmund "Ironside" at Oxford. Though Edmund son of Aethelred II had a younger brother and two infant sons his advisers recognized Canute as successor. Though his birth date is not known, Canute was a commander in his Father's army from 1012, and at first had to settle a number of uprisings amongst the nobility and others, which he quelled by maintaining a large army and navy from heavy taxation. He kept Wessex at first for himself whilst dividing up other areas for regional government under trusted Danish allies. Canute had married Aelfgifu daughter of Ealdorman Aelfhelm of Northumbria, but set her aside to marry Aethelred's widow Emma in 1017 who had fled to Normandy, and this latter union helped maintain the political continuity and tradition of English Kingship. Harald of Denmark died childless in 1018 and Canute used his English troops and finance to extend power to Scandanvia making his infant son Harthacanute titular Governor and heir of Denmark. Canute attempted to invade Sweden, and actually took Norway in 1028 having had a pilgrimage to Rome the year before. Canute left his eldest son by Aelfgifu, Swein to rule Norway and was now the most powerful King of England ever at this time and is likely when the apocryphal story of him trying to vainly order the coastal tide to turn and retreat in front of his courtiers emerged. However, Norway was lost by 1034, Canute did not respond, and he passed away suddenly at Shaftesbury in his mid-forties on the 12th November 1035.

Bruton a village on the River Brue in Somerset about 12 miles from Wells, was probably fortified in Saxon times. There is a die link with the extremely rare Hillfort Mint of Cadbury where Aelfwine operated earlier in the period of Viking invasion under Aethelred II. Minting activity occurs here from the time of Aethelred II until Edward the Confessor.

Provenance:

Ex Baldwin Auction 24, 9th October 2000, lot 960.

Ex Allan Williams Collection, part II, Spink Coin Auction, 3rd July 2018, lot 153.

Ex Collection of an English Doctor part II, Sovereign Rarities fixed price list online May 2022.

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