Watch List notes:

George V (1910-36), Penny, 1922, with reverse of 1927, bare head left, rev. Britannia seated right, shorter thumb (F.192A, dies 3+C {R18}; Peck -; S.4051), a few bumps to rim, otherwise fair, extremely rare, in NGC 'Waterbird' holder, graded VG10BN (Cert. #4861777-037).
provenance
Spink auction 231, 22-23 September 2015, lot 613
Estimate: £1,500.00 - £2,000.00