Watch List notes:

George III (1760-1820), 'Spade' Guinea, 1787, fifth laureate head right, rev. crowned 'spade' shield, edge chevron milled, 8.34g [128.6grns], 12h (MCE 391; Farey 1260; EGC 711; Spink 3729), lightly polished but residually lustrous with hints of reddish toning in shield, struck details very fine.

Estimate: £450 - £550