Watch List notes:

Pound Elizabeth I sixth issue S.2534, N 2008 (North 3rd issue), but with Lion at the end of the legend Schneider 797 choice GEF/UNC the reverse almost prooflike sharp and crisply struck all round, this coin is so pleasing it has the quality of a milled rather than a hammered coin perhaps the best hammered coin we have seen, in addition an extremely rare variety. This Tun and Lion variety was the first type of Pound struck between June 1593 and May 1594 and it is believed that only 12 specimens exist, the fact that this is the initial issue of this Pound type perhaps explains the care that has clearly gone into the striking

Estimate: 25000-30000 GBP