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Sovereign Rarities Ltd
Auction 4  21 Sep 2021
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Lot 166

Starting price: 3200 GBP
Price realized: 3000 GBP
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Victoria (1837-1901), gold Two Pounds, 1887, Jubilee type crowned bust left, angled J type J.E.B. initials on truncation, rarer obverse die with the B of BRITT starting just above the right side of crown, 8 pearls to left arch of crown, 7 pearls to right arch, thinner obverse rim not encroached by cross on crown, VICTORIA D: G: BRITT: REG: F: D:, rev. St. George and dragon right, smaller date in exergue, tiny B.P. to upper right of exergue, 15.99g (Dyer obverse 1b / reverse 2; Hill T24 R5; DISH C205; S.3865). Polished, hairline scratch behind bust in obverse field with longer one from neck to O of VICTORIA, other scattered marks otherwise a bold very fine to good very fine and one of the few survivors of this very rare variety.

The Latin legend translates as "Victoria by the grace of God, Queen of the Britains, Defender of the Faith."

The Golden Jubilee year for Queen Victoria and the first Double Sovereign of the reign, which has a reported Calendar year mintage of 91,345.

Recent research by David Iverson has proven that this the rarest currency die variety of the golden Jubilee Two Pounds were all struck in one journey of the dies on August 8th 1887 amounting to no more than 350 pieces struck. In a survey of fifty different Two Pound gold pieces sold in a eight and half year period only three pieces were of this extremely rare die variety. Forty were regular currency with seven proof die pieces.

For further reading see David Iverson's new Comprehensive Study into the 1887 Jubilee Head Two Pound Pieces of Queen Victoria newly published in 2021 by Sovereign Rarities Ltd.

Provenance:
Ex David Iverson Collection.

(£4,000-£6,000)
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