Watch List notes:

BRITISH COINS, MILLED GOLD SOVEREIGNS, Elizabeth II, Gold Proof Sovereign, 2002, frosted design elements, with bullion type Gold Sovereign, 2002, Golden Jubilee Issue, fourth crowned portrait right, engraved by Ian Rank Broadley, IRB raised below head, finely toothed border within twin linear concentric circles and raised rim both sides, rev crowned quartered shield of arms, laurel wreath surrounding, date below, TN monogram to lower right of dexter wreath, designed by Timothy Noad (Bentley -; Marsh 316, plates 58 and 59; S 4431). Proof issue as struck, the bullion issue with a cloudy tone, otherwise practically as struck, without box or certificate. (2)

Numbers issued Proof=12,500; Bullion=75,264
Golden Jubilee Year 2002 ensured a great interest in the coinage with a one off special design by Timothy Noad of the reverse reminiscent of the Victoria shield back Sovereign giving a one year only type for collectors. Marsh illustrates an image of Timothy Noad's original artwork for the reverse design on plate 58.

Estimate: £350-400