Watch List notes:

Victoria, sovereign, 1886M, third young head l., WW in relief on trun., date below, rev. crowned shield of arms within wreath, M below (S.3854A; M.67), certified and graded by NGC as About Uncirculated 58
The key date – the rarest Australian shield back sovereign, missing from most collections. Rarity R3
(4000-6000 GBP)