Watch List notes:

George V, specimen crown, 1935, incuse edge lettering, bare head l., rev. St. George and the dragon (S.4049), certified and graded by NGC as Specimen 65
Nicely toned, for some reason the specimen issues are rarely seen with toning, most unusual. Only 7 examples are graded higher by NGC.

Estimate: 200 - 300 GBP