Watch List notes:

The Armstrong Collection | NGC PF64 | George V (1910-1936), Christmas Proof 'Wreath' Crown, 1927, by B Mackennal and Kruger Gray, bare head left, rev. crown and date in oak wreath, edge milled, 12h (ESC 367; Bull 3631; Spink 4036) mottled hazing in otherwise brilliant fields, some minor surface marks on cheek and hair, good extremely fine and much as issued, 15,030 struck, in NGC holder, graded PF64 (Cert. #5880392-020).

Estimate: £240 - £300