Watch List notes:

Elizabeth II (1952-2022), gold proof Five Pounds, 1982, design by Arnold Machin, crowned head right, Latin legend and toothed border surrounding, ELIZABETH. II. DEI. GRA REGINA. FID. DEF, rev. St. George and dragon right, date in exergue, B.P. to upper right of exergue for designer Benedetto Pistrucci, edge milled, 39.94g (Hill F46; S.SE1). Brilliant proof as struck, small hairline by second 'A' of GRATIA, graded by NGC as PF70 Ultra Cameo, an exceptionally difficult type to obtain in this perfect grade.

NGC Certification 2741854-017

Calendar year mintage 2,500.

The Latin legend translates as "Elizabeth the Second by the Grace of God, Queen, Defender of the Faith".