Watch List notes:

Sovereign 1887M Jubilee Head, Small Spread J.E.B on truncation, S.3867, DISH M2, with the E and the stop after the E of J.E.B double struck, First legend with G: of D:G: further from the crown, NEF and rare. Cataloguer's Note: 'The Jubilee Head Gold Sovereign' the excellent work by David Iverson, details six potential types of the 'Small Spread J.E.B' type for the Melbourne Mint, and has estimated an approximate mintage figure of 42,727 pieces for this rare type

Estimate: 500-600 GBP