Watch List notes:

PR70 DCAM | Elizabeth II (1952-), gold proof Half Ounce of Fifty Pounds Britannia, 2001, Half Ounce of 999.9 fine gold, crowned head right, IRB initials for designer Ian Rank-Broadley, Latin legend and toothed border surrounding, ELIZABETH II. D. G. REG. FID. DEF., rev. depiction of Britannia advancing left holding trident and shield with a lion on her inside, inscription reads HALF OUNCE FINE GOLD to her front, and BRITANNIA 2001 to her back; artists surname NATHAN (Philip Nathan) engraved below lion's mane, (S.BGE3). Proof as struck, graded by NGC as PF70 ULTRA CAMEO.

NGC Certification 6027897-022.

The Latin legend on obverse translates as "Elizabeth the Second by the Grace of God, Queen, Defender of the Faith".
(£700-£900)