George III (1760-1820), 'Spade' Guinea, 1788, fifth laureate head right, rev. crowned 'spade' shield, edge chevron milled, 8.35g [128.8grns], 11h (MCE 392; Farey 1270; EGC 713; Spink 3729), scratches to cheek and truncation, the surfaces brushed, otherwise struck details, very fine.
Estimate: £400 - £500