BRITISH COINS, MILLED GOLD SOVEREIGNS, Elizabeth II, Gold Proof Sovereigns (4), 1994, 1995, 1996, 1997, with frosted design elements, third crowned portrait right, engraved by Raphael Maklouf, RM incuse on truncation, rev St George slaying dragon with sword, date in exergue (Bentley -; S 4271). Generally as struck, without certificates or boxes. (4)
Numbers issued 5,000; 4,900; 5,730; 7,500 respectively
1997 is the last date for British coins upon which the Maklouf bust was portrayed. The total output of proof issue Maklouf portrait Sovereigns = 80,220 pieces.
Estimate: £750-850