Watch List notes:

Victoria, sovereign, 1863, second young head l., die no. 827 incuse on trun., rev. crowned shield of arms within wreath, die number 22 below (S.3853A; M.48A), certified and graded by NGC as About Uncirculated 50
*ex Downies Australia, 2018.
Rarity R5.
The highest grade awarded by NGC for this issue.
(4500-6500 GBP)