Watch List notes:

(g) PF69 ULTRA CAMEO | Elizabeth II (1952-), Proof Five-Pounds, 1980, second portrait, by Arnold Machin, edge milled, 39.99g, 12h (S.SE1), brilliant uncirculated, in NGC holder, graded PF69 ULTRA CAMEO (Cert. #5878609-004) [Tied 1 of 179 / 83 Finer].

Estimate: £1,400 - £1,600