Watch List notes:

Victoria (1837-1901), Gold Proof Five Pounds, 1893. Crowned veiled bust left, T.B. initials below truncation for engraver Thomas Brock, Latin legend and toothed border surrounding, VICTORIA· DEI· GRA· BRITT· REGINA· FID· DEF· IND· IMP·, rev. St George and dragon right, date in exergue, B.P. to upper right of exergue, weight 39.85g (WR. 287; S.3872). Some minor scuffing to reverse, appealing cameo contrast between the frosted devices and mirror fields, conservatively graded by NGC as PF61+ Ultra Cameo. Estimated Value $15,000
NGC Certification 5880663-006. Due to the unpopularity of the Jubilee bust coinage by Boehm with its barely credible "toy crown" perched on the head of Victoria, it was only six years before the coinage design was changed again to the older "Widow" type obverse by Thomas Brock.