Watch List notes:

(g) Australia, George V (1910-36), Sovereign, 1922-S, Sydney, bare head left, rev. St George and dragon, s on ground line (Marsh 282 {R3}; S.4003), light rim marks and suggested rim filing at obverse 10 to 11 o'clock, otherwise lustrous, extremely fine, rare.
provenance
St James' 21, 19 April 2012, lot 526
Estimate: £5,000 - £6,000