AR cut halfpenny.  0.47gm.  Type 4, annulets and piles type. Facing bust.  R. [       ]ARD ON S[         ]  S1265, N 860. Probably Sandwich mint, moneyer Wulfward.  This is the only recorded combination of a name ending -ARD and a town beginning S-  The moneyer not recorded for this type.  Well struck and detailed, VF 

Ex David Rogers collection