File:Eng c1504 sovereign obv P176-20050.jpg

This specimen was lot 20050 in Ponterio sale 176 (Chicago, August 2013), where it sold for $49,938. The catalog description^[1] noted, "GREAT BRITAIN. Henry VII, 1485-1509. Sovereign, ND (1504-05). Type V. Lis/Cross Crosslet. Superbly Detailed Type V Sovereign S-2176; North-1692/2; Fr-149; Similar to Schneider 551. 236.5 grains. Seated king, narrower seat with portcullis at base of feet, holding orb and scepter. Rv. Royal shield within large Tudor rose. A fourth and final distinct Sovereign type. Very rare. Very well struck on a perfectly round planchet, lending a wonderful first impression. The legends are not only complete, but contained within raised, nearly wire-like, rims throughout. There is an annealed flan fissure observed from the center inside the robes down to the portcullis, though it does not reach the edge. This is seen in the corresponding portion of the reverse. Some vestiges of luster are visible under the russet toning on this attractive coin that displays Extremely Fine details. Very Fine. Ex: Spink, 1983."