Watch List notes:

George V (1910-36), Pennies (15), first issue (14), 1911-26, bare head left, rev. Britannia seated right, date in exergue (S.4051); additionally, second issue, 1927, modified effigy, rev. similar, shorter index finger (S.4054A); variable lustre, extremely fine to uncirculated (15).

Estimate: £120 - £150