Watch List notes:

Sovereign 1920M Marsh 238, S.3999, in a PCGS holder and graded MS62+, Very Rare and rated R2 by Marsh. Ex-Bentley collection Lot 833, Ex Winsor and Sons, Jamberoo, NSW Australia, purchased c.2004 (realised £6240 in the Bentley Sale)

Estimate: 7500-8500 GBP