Watch List notes:

BRITISH COINS, MILLED GOLD SOVEREIGNS, Elizabeth II, Gold Proof Sovereign, 2008, frosted design elements, with bullion type Gold Sovereign, 2008, 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 re-engraved St George slaying dragon with sword, different helmet streamer, last strand curves upward, longer tail to horse nearly touches lance, some strands curve away from horse, larger date figures in deeper exergue, small B.P. to upper right (Bentley -; S 4430). Proof issue as struck, the bullion issue with a cloudy tone, otherwise practically as struck, the differences in the design not noted in the Standard . (2)
Catalogue, without boxes or certificates Edition limited to Proof=8,199; Bullion=75,000
Another slightly different reverse that appears to be of cruder workmanship to previous years, this time with larger date figures, and different treatment of the helmet streamer and other minor elements in the horse tail. The B.P. initials are at least readable and are of a similar size to the usual seen earlier in this decade. Perhaps in years to come this 2008 issue will also be delineated separately in the catalogues as a one year only type as we transit to yet another new treatment of St George from the 2009 issue.

Estimate: £350-400