Watch List notes:

Half Sovereign 1887M Jubilee Head, Small, close J.E.B initials on truncation with no doubling to the initials, S.3870A, DISH M506, GEF/EF and lustrous with small touches of surface deposit on the reverse. Figures in David Iverson's excellent study on this series 'The Jubilee Head Gold Sovereign 1887-1893' suggest a mintage in the region of 9,000 pieces only

Estimate: 500-600 GBP