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Victoria 1888 Sovereign London first legend, extremely rare variety
Victoria (1837-1901),gold Sovereign, 1888, first legend variety, London, Tower Hill Mint, Golden Jubilee style bust facing left, small crown and veil on head, pearl earring and 13 pearl necklace, J.E.B. initials raised on truncation with right angled J, initials of engraver J Edgar Boehm, first abbreviated Latin legend and toothed border surrounding, VICTORIA D:G: BRITT: REG: F:D:rev.struck en medaille, St George and dragon right, horse with short tail, broken lance to left on ground-line, tiny WWP under lance, initials of William Wellesley Pole, Master of Mint when design introduced, date in exergue, initials B.P to upper right, for engraver Benedetto Pistrucci, edge milled, weight 7.95g (DISH L8 R6; Marsh 126; S.3866). Surface marks both sides, good fine, extremely rare.
This is an extremely rare coin, there have been no examples present in any of the major auctions, including the "Bentley Collection" sold by Baldwin. It is far rarer than the current valuation suggests in the "Spink Standard Catalogue" and since the DISH publication was released indicating the rarity as R5, it is now thought that it would be more accurate to call this variety Rarity 6.
Provenance:
Ex David Iverson duplicates.