Watch List notes:

PF70 UCAM | Elizabeth II (1952-), gold proof Half Ounce of Fifty Pounds Britannia, 1987, Half Ounce of 999.9 fine gold, crowned head right, RDM initials on truncation for designer Raphael David Maklouf, Latin legend and toothed border surrounding ELIZABETH II. D. G. REG. FID. DEF., rev. design by Philip Nathan, standing figure of Britannia holding trident and shield, inscription 1/2 OUNCE FINE GOLD BRITANNIA 1987 (S.BGE1). Proof as struck, graded by NGC as PF70 ULTRA CAMEO.

NGC Certification 5841286-105.

Calendar Year Mintage 12,486.

The Latin legend on obverse translates as "Elizabeth the Second by the Grace of God, Queen, Defender of the Faith".
(£800-£1,000)