Watch List notes:

Australia, Victoria, sovereign, 1865, Sydney mint, laur. head l., rev. AUSTRALIA within wreath, crown above (KM.4; Fr.10; McD.112), two small rim nicks on reverse, uncirculated, extremely rare, one of the finest known
*ex Quartermaster Collection, Monetarium (Australia) Pty. Ltd., 4 June 2009, lot 38

Estimate: £2500-3000