G Victoria, sovereign, 1863, 827 on truncation, die no. 22, young head l., rev. crowned shield of arms within wreath (S.3852F), certified and graded by NGC as Very Fine 20, extremely rare
This great variety was not discovered for almost a century after it was minted and clearly, as this coin indicates, these pieces circulated widely around the globe as exchange money. A single '827' sovereign appeared in the Hatton Hoard of gold found in Derbyshire in 1954, the first-ever recognition by numismatists of its existence, and since that time collectors have searched far and wide for more examples. By 1980, Marsh knew of so few that he assigned an R6 rarity rating (4 to 8 known). Since then, a few more have been discovered, including a piece finer than any Marsh had seen (a somewhat lustrous coin found by this cataloguer in the 1990s). Any specimen is desirable and incredibly rare, and no collection of Victoria's sovereigns can be complete without an example. (£4500-5500)