Watch List notes:

(g) Australia, Victoria (1837-1901), 'Shieldback' Sovereign, 1881 S, Sydney, third young head, W.W. in relief on truncation, rev. crowned normal shield in wreath, edge milled, 7.99g, 6h (McD 129; QM 60; Marsh 77; Bentley 1201; Spink 3855B), a tiny rim bruise at 7 o'clock, otherwise handsomely lustrous on a slightly broad flan, trifling bagmarks across choice fields, a most pleasingly good extremely fine, and much as issued.

Estimate: £450 - £550