Watch List notes:

BRITISH COINS, HAMMERED GOLD SOVEREIGNS, Henry VIII (1509-1547), Gold Sovereign of Twenty Shillings, Third Coinage, Southwark mint, crowned full figure of King seated facing on throne, holding orb and sceptre, rose below, inner and outer beaded circles and legend surrounding, mintmark S at start of legend both sides, legend reads S hEnRIC xx8xx DIx xGRAx xAGLx xFRAnCIE xxZxx hIBERnxx REX, rev crowned quartered shield of arms with crowned lion and Griffin supporters, HR ligatured on lis topped banner below, inner and outer beaded circle and legend surrounding, legend reads S IhSx xAVTEMx xTRAnSIEnSx xPER MEDIVMx xILLORx xIBATx, 12.21g (Schneider 611; North 1825; S 2291). Lightly creased with one small dig on the reverse, otherwise well struck on a broad flan with pleasing red tone and a decent portrait, very fine and rare.
ex Spink Numismatic Circular, February 1973, item 1092
ex Property of a Lady, Spink Coin Auction 168, 15 April 2004, lot 147
One of the last Sovereigns issued in the reign of King Henry VIII, this example was issued from the Southwark mint in London between 1544 and 1547. The coin depicts an elderly King Henry in the "Holbein style" that students of history typically imagine. The Sovereign still valued at 20-Shillings face value, had been debased by King Henry at this time to only 20 carats of gold (0.833 fine) and a weight of 192 grains (12.441g).

Estimate: £15,000-18,000