Watch List notes:

Proof Set 1937 (4 coins) Five Pounds to Half Sovereign UNC to nFDC, generally with minor hairlines and the odd contact mark, the Two Pounds with a long thin scratch on the reverse, this possibly done at the time of striking, the Sovereign with some minor tone spots visible under magnification, in the original case of issue, this in good condition

Estimate: 7500-12500 GBP