Watch List notes:

Sovereign 1887M Jubilee Head, First Head, G: of D:G: further from the crown, with small spread J.E.B on truncation, hooked J in J.E.B, the J.E.B lower on the truncation S.3867, DISH M3 EF and lustrous with some contact marks, a rare type - it is estimated only 4.5% of the total Melbourne Jubilee Head type are this variety (Source: 'The Jubilee Head Gold Sovereign 1887-1893' with extensive research by David Iverson)

Estimate: 600-700 GBP