Victoria (1837-1901), Gold Two Pounds, 1887. Jubilee type crowned bust left, vertical flaw on eye, J.E.B. initials on truncation, legend surrounding, VICTORIA D: G: BRITT: REG: F: D:, colon after BRITT a little doubled, rev. St George and dragon right, taller date in exergue, smaller B.P to upper right of exergue, weight 16.03g (Dyer 2b/2; Schneider 654; S.3865). Toned, has been graded and slabbed by NGC as MS62+. Estimated Value $1,500
NGC Certification 5880654-008. At the time of writing we note 1,006 examples have been graded across both services and this coin is one of only six pieces graded at the 62+ level. Calendar year mintage of 91,345. The Latin legend translates as "Victoria by the grace of God," on obverse and as "Queen of the Britains, Defender of the Faith" on the reverse. The 1887 gold Two Pounds was only the second currency piece ever produced, with the previous being that dated 1823 in the reign of George IV; and was minted to commemorate the Golden Jubilee of Victoria's reign. There was a detailed article "Two-Pound Pieces of 1887" by Dyer and Lubbock in "Numismatics: Witness to History - Essays to Commemorate the 35th Anniversary of the I.A.P.N." published 1986.