Watch List notes:

NGC PF61 | George III (1760-1820), Second Issue, Gilt Proof 'Cartwheel' Penny, 1797, in gilt copper, 'Late Soho', laureate and draped bust right, K •: on truncation, rev. Britannia seated left, holding olive branch and trident, ship in left field, 5h (BMC [Peck] 1121; Spink 3777), some copper exposure at higher points, otherwise problem-free fields, about extremely fine, in NGC holder, sympathetically graded PF61 (Cert. #6670850-001).

Estimate: £1000 - £1200