John (1199-1216), Penny, class 5b, London, Willelm T, willelm · t · on · lvN, 1.45g/2h (SCBI Mass 1445ff; N 970; S 1351). About very fine £70-90

The letters VN of LVN are ligated. This variety was not represented in the Mass collection for Vb, although he lists a Vc reverse die with this feature (SCBI Mass 1703)