Watch List notes:

British Coins, Victoria, proof two pounds, 1887, 'Jubilee' bust l., rev. St. George and the dragon, no B.P. in exergue (S.3865; W&R.290), certified and graded by NGC as Proof 64* Ultra Cameo, rare in this high grade
The type generally issued in the proof set, this was purchased from Baldwin's in the 1920s.
($8000-11000)