A silver penny of Alfred the Great, found in the mass grave at Repton, was minted by a moneyer called Tidhelm in London. Alfred was King of Wessex from 871 to 899 and spent most of his reign fighting off Viking invasions. He won a decisive victory at the Battle of Edington in 878 which resulted in a peace with the Vikings and the creation of the Danelaw.

Minting coins was a way of controlling the means of exchange within a kingdom and which created a more easily administered standardized system of trade. Moreover, the coins themselves were often used as propaganda, portraying symbols and statements that gave off a desired message. The Vikings later used the minting of coins to legitimize their own rule.