Watch List notes:

BRITISH COINS, MILLED GOLD SOVEREIGNS, Victoria (1837-1901), Gold Pattern Sovereign, 1837, engraved by William Wyon, small young head left, hair bound with plain double fillet, with raised line depicting edges of fillets, plain truncation ruled with fine lines, close spaced date below slightly double struck, rosette either side, fine toothed border and high raised rim both sides, legend reads victoria dei gratia, more widely spaced from 8 to 4 o'clock, rev struck with inverted die axis, engraved by Jean Baptiste Merlen, crowned quartered narrow shield of arms within laurel wreath tied with bow below shield, twelve pearls on each arch of crown, four pearls vertically arranged on central upright, nine pellets visible on ermine below jewel band, laurel wreath each side consists of 30 leaves per side and terminates in three leaves at top, six harp strings in Irish arms, left string emanates from back of female figure, emblems below, rose at centre, thistle to left, shamrock to right, small rosette either side, legend reads britanniarum regina fid: def:, edge plain (Bentley 397; WR 296 R5; Montagu 1566; Murdoch 499; DM 199). In NGC holder graded PR64 DCAM, lightly hairlined, otherwise practically as struck, extremely rare.
This is considered to be the second obverse for the proposed pattern Sovereign for young Queen Victoria for which she granted William Wyon multiple portrait sittings. The head is of a small stature, though larger than the first proposal (see Bentley 33), with plain fillets the legend more widely spaced.

Estimate: £14,000-18,000