Watch List notes:

BRITISH COINS, MILLED GOLD SOVEREIGNS, George IV, Gold Sovereign, 1825, second bare head left, date below, rev crowned quartered shield of arms, with the arms of Hanover as an escutcheon, eight hearts in semée of Hanoverian lion (Bentley 18; Marsh 10; MCE 476; S 3801). Scuffed with light surface marks and hairlines, two digs at top of the obverse rim, light rim bruise on the reverse, otherwise about very fine.
Calendar year mintage 4,200,343
The calendar year mintage figure unfortunately provides no split between the first and second types for this year, it is well known that the first type for 1825 is very rare, and must have only been produced up to, or around Easter 1825.

Estimate: £500-700