Watch List notes:

British Coins, Victoria, sovereign, 1887M, young head l., rev. crowned shield of arms within wreath, M below (S.3854A; Marsh 68 [R3 in any condition]; McD.142), a dramatic specimen having exceptional eye appeal despite many small abrasions in the mirrored obverse field, the reverse choice and sparkling with reflective or prooflike lustre, the strike bold throughout, therefore exceptional, certified and graded by NGC as Mint State 61
The second-rarest shieldback sovereign.
(3250-3750 GBP)