The Jubilee Head Half 1887-1893

A special publication by David Iverson Edited by Steve Hill

Including a fixed price sale catalogue of the David Iverson Collection of Jubilee Head Gold Half Sovereigns available to purchase from

32 St George Street | London | W1S 2EA www.sovr.co.uk | +44 20 3019 1185 | [email protected] INTRODUCTION BRIEF FACTS AND FIGURES FOR CURRENCY HALF SOVEREIGNS

Welcome to this detailed study of the Victorian Jubilee Head gold currency All the dated 1887, all dated 1887, but just a Half Sovereigns, which is coupled together with the sale catalogue of the most very small proportion of London produced 1887 gold Half Sovereigns have comprehensive collection of such that has thus far ever been assembled. variations of the J.E.B. initials with a hooked J on the truncation of the Queen. All hooked J type 1887 gold Half Sovereigns are rare. For me, it was a logical next step, following on from my study of the Sovereigns of this series to form the accompanying collection. I was also encouraged and A very small proportion of London 1887 Half Sovereigns have no J.E.B. initials indeed urged, to research the Half Sovereigns further by several collectors on the truncation. These are rare. and dealers, who have been most complimentary about my previous work. I hope that this latest study will live up to those expectations and add to the The majority of 1887 London Half Sovereigns seen, are of the “imperfect J” knowledge and enjoyment of these intriguing gold coins. variety.

All Half Sovereigns for 1887, across all three Mints are of the “High Shield” variety.

1889-1893 Half Sovereigns across the three Mints can be “High” or “Low Shield” variety. Some are extremely common, others are scarce, rare or very rare.

Post 1887 the vast majority of gold Half Sovereigns have no J.E.B. initials on the truncation.

All Half Sovereigns 1889-1893 with J.E.B. initials demonstrate the “imperfect J” variety.

There are some Half Sovereigns where there appears, under strong magnification, to be the very faintest trace of J.E.B. initials. It is not yet clear if this is where on some dies the initials were removed, or more likely due to extreme die wear from excessive die longevity. In such cases I would categorise these coins as no J.E.B. on truncation.

Prior to my study of any of the Jubilee Head gold coins, there had in fact been By far the most common is the London 1892, Low Shield, with more information published about the Half Sovereigns than the Sovereigns. no J.E.B. on truncation. Previously for some reason this has sometimes been However, I have to say that much of that information has been confusing, described as scarce. It is not, it is extremely common. conflicting, incomplete and at times incorrect. I will attempt here to present a much clearer picture of these interesting gold coins and undo some of the Just over 97% of all Jubilee Head Half Sovereigns minted are London. commonly repeated inaccurate and misplaced understandings. Just under 2% of all Jubilee Head Half Sovereigns minted are Sydney.

Just under 1% of all Jubilee Head Half Sovereigns minted are Melbourne.

All Melbourne Jubilee Head Half Sovereigns have J.E.B. initials depicted on 1 the truncation. TERMINOLOGY AND DESCRIPTIONS TWO SIGNIFICANT AUCTIONS

There has to date, been very confusing and conflicting descriptions in regard RESERVE BANK OF AUSTRALIA to Jubilee Head gold Half Sovereigns, particularly in the detailing of the J.E.B. initials that appear on the truncation of the portrait of . On the 29th-30th November 2005 the Reserve Bank of Australia held a major auction in conjunction with Downies of 5,850 gold coins. There were various All 1887 Sydney and all 1887 Melbourne along with a very small proportion of world coins, but unsurprisingly the majority were gold Sovereigns and Half 1887 London have the J.E.B. initials with a hooked type J. The J in these cases Sovereigns minted in Australia. The sale came about because the Reserve is always distinctly rounded and hooked as you would expect for an upper Bank had accumulated vast quantities of gold coinage between 1929 and case J. These should always be referred to as “HOOKED J”. It is not helpful 1976, when the law required the Australian public to sell any gold coins in to use the terms, normal J, or standard J as has been seen in other previous their possession to the bank. articles and publications. Whilst this was a vast auction of gold coins, it was merely a selection of an The vast majority of 1887 London Half Sovereigns and ALL later dates for even greater number, which were either deemed to be very common or low all three Mints, where there are J.E.B. initials present, show the J either as grade; or had already been melted down or sold off as bullion. a reversed L, or looking more like an upper case letter I. There are various slight variations both to the shape of the J and the positioning of the initials The auction itself is very significant in regard to Jubilee Head gold Half and stops. All such coins should be referred to as “IMPERFECT J”. It is not Sovereign series for the following reasons: helpful to use the terms normal J, standard J, J as an I, or I.E.B. as seen in other publications. Firstly, it revealed that variations previously not noted, existed; thus stimulating interest in the series. However, the downside was that it sowed Hopefully using just these two descriptions and using them correctly to the seeds of some misunderstandings that have existed for the last 14 years, differentiate the two very different J.E.B. initial types it will subsequently lead which I now wish to put right. to much greater clarity. Whilst 1887 Sydney and Melbourne Mint Half Sovereigns with previously The other issue that causes a very great deal of confusion is between the unrecorded J.E.B. variations were indeed identified, due to limited space or High and Low Shields. Previously they have been quite frequently wrongly inaccurate listing description, it was not clear that each Mint’s dies were each described and listed. unique to that mint. For example an ‘1887 Sydney small spread J.E.B.’ does not have the same J.E.B. initials on the truncation as an ‘1887 Melbourne The reverses are clearly quite different and the easiest way to determine small spread J.E.B.’ as each of the dies used at these Mints has the initials which is which is to look at the date. On the “High Shield” the two parts of the punched in by hand, so the positioning differs. date are closer together. On the “Low Shield” the two parts are much wider spread. A further legacy of that auction was that given the quantity of coins sold and the fact that new variations were discovered, a common assumption was The other aspect that distinctly differs is the distance from the base of the that no further variations existed. This was not the case and indeed there are shield each side, to what is the “bottoms” of the letters in the surrounding variations now identified of which there were no examples in the auction. legend. With the “High Shield” there is a distinct gap of just over a millimetre. The “Low Shield” has the base of the shield with a much smaller gap to the A last important point to note is that, as previously mentioned, before the letters of the legend. auction, vast quantities of coins were sold off as bullion or melted down. Only coins either deemed of good grades or having some numismatic rarity value were auctioned. The auctioneer sold some of the numismatic or high grade

2 ACKNOWLEDGEMENTS coins individually, and some as bulk lots. However, just because six of one I wish to thank the following people for their help, encouragement and particular variation and only one of another appeared in the auction, it support in various ways: should not be concluded automatically that the one is rare and the six common. It is quite possible that the six were in the auction because they Steve Hill, Julie Lecoindre and Graham Byfield at Sovereign Rarities Ltd, were considered much rarer than the one more common variety in high 32 St George Street, London, W1S 2EA. www.sovr.co.uk grade, and that many more of the common variety were previously melted or sold outside of the auction, hence only the single appearance. Eric Eigner of Drake Sterling , Australia.

London Coins Ltd, in particular Semra and Paul. QUARTERMASTER COLLECTION The Quartermaster auction was held in Australia on 4th June 2009 by Andrew Thorburn. Monetarium. This was a very substantial auction of very rare and high grade coins formed by a prominent Australian collector over many Peter Withers. years. However, understandably, not all the Half Sovereign varieties now identified in this publication were present in that auction. There are only three 1887 Sydney J.E.B. variations and just two 1887 Melbourne variations of the gold Half Sovereign present in the Quartermaster sale. REFERENCES and BIBLIOGRAPHY

The National Archives, Kew, London.

Coins of and the Standard Catalogue of British Coins, 54th edition. London: Spink & Son Ltd. 2019

The Gold Sovereign, by Michael A. Marsh, revised edition by Steve Hill. Exeter: Token Publishing Ltd. 2017

Misunderstood or too difficult?, by B Unsworth, News article, edition of December 2008. Exeter: Token Publishing Ltd. 2008

Reserve Bank of Australia, auction catalogue, 29th November 2005. Melbourne: Downies 2005

Quartermaster, auction catalogue, 4th June 2009. Adelaide: Monetarium 2009

3 LONDON 1887 DISH NUMBERS L501-L508 Records show of the 1,771,425 coins that were struck, the final mintage figure of coins issued was 871,770. There is also a different figure of The lead up to the introduction of the new Jubilee Head coins in June 841,200 which is more commonly quoted, a difference of 30,570. There 1887 was very protracted and had been beset by much indecision and is a possible explanation for this difference which I will examine and set delay. I do not intend to retell the whole background story here as that out below: has been done many times before. One just needs to understand that it had a very great impact on the Jubilee Head gold Half Sovereigns as The Royal Mint annual report for 1887 states that an average of 14,460 indeed with other denominations in 1887. Half Sovereigns were produced per pair of dies. However, given that just over 50% of the coins produced were rejected that gives us an average What is clear is that there was a rush to get Half Sovereign dies into figure of around 7,000 actually released for circulation. This average production, so that there would be coins with the new image of the figure reduces further to around 5,500 per Obverse die, given that 162 Queen ready for distribution at the time of the Golden Jubilee in June obverse dies were utilised in combination with 83 Reverses. 1887. Quality control would have been observed even more closely on the very In unison with the production of new Sovereign dies, in April 1887, it is first Half Sovereigns produced, so even this 5,500 figure should be seen known that six Obverse and six Reverse dies for the gold Half Sovereign as high when production began in May 1887. were shipped to both the Sydney (S) and Melbourne (M) Mints in Australia (DISH S501-506, M501-506). All demonstrated the J.E.B. initials on the As previously stated, it is a reasonable assumption that six initial pairs truncation, using a Hooked type J, hand punched into each individual of dies of Hooked J type were produced for use in London at the same Obverse die by Royal Mint employee William Poplett, so each were time as six of each were produced and sent to both the Sydney and unique in their arrangement of these initials. Clearly, at the same time Melbourne Mints in April 1887, also with Hooked J. To date physical some early dies were produced for use in London too, again with the J.E.B. evidence exists that five were certainly used in London. There were also initials punched onto each Obverse die by hand. It would seem logical to a very small number of dies used at London with no J.E.B. initials at all on assume therefore that there were six obverse dies produced for London. the truncation (DISH L501). To date I have identified five different arrangements of the J.E.B. initials on the truncation with the hooked type J (DISH L502-506). For 1887 a very The number of such Obverse dies used with no J.E.B. initials is unknown much larger number of later dies were produced with the J.E.B. already but on the evidence of the number of examples of coins still existing, present on the master dies with the “Imperfect J” (DISH L508). The J is found today, I would suggest that the figure would be no more than three in fact much more like an upper case letter I, or sometimes like a right obverse dies. angled J, or reversed L. The number of dies utilised were indeed large. For the whole London Production of 1887 162 Obverse and 83 Reverse Half In theory if all six Hooked J, type J.E.B. and three ‘no J.E.B.’ dies were Sovereign dies were used. All the Reverse dies were of the “High Shield” utilised, with their total production accounting for the 30,570 difference variety. in the annual reported figures, that would equate to a mintage figure of just under 3,400 coins per pair of dies. There was great concern at the Royal Mint about ‘metal flow’ with the resulting new image on the coins and to try to assist with this perceived The 871,770 figure is very clearly stated as the total mintage figure by issue, was added to the alloy for the 1887 gold coins produced in the Royal Mint in their annual report of 1887. All later Royal Mint annual London, giving a distinctive yellow colour. Clearly there were continuing reports and statements quote the lower figure of 841,200, which may production issues as only just under 50% of the gold Half Sovereigns therefore refer to the mintage of the 1887 imperfect J variety. struck in London in 1887 made it past the quality control process.

4 Having dealt with the initial coins struck, using a handful of dies, the DISH L501 vast bulk of the 1887 year’s production was produced from a very much ϭϴϴϳ>ŽŶĚŽŶ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ƉůĂŝŶƚƌƵŶĐĂƟŽŶ͕ŶŽŝŶŝƟĂůƐ͘ larger number of dies, the obverses of which had had the J.E.B. initials already placed onto the Queen’s truncation on the master dies with the “Imperfect J” variety. There are, as previously mentioned, some slight differences between these initials. Some show the J very much as an I. On others there is a sharp right-angled J, looking more like a reversed L. The J.E.B. initials can be slightly higher or lower on the truncation, though all tend to have the B and the last stop very much off the bottom of the truncation into the field.

These coins should all be described as ‘Imperfect J’ and are all very common. There are some of these coins where there is a distinct raised area in the field in front of the Queens chin. There are also some minor variations to some of the reverses. All of these variations are minor, and I do not consider them rare or significant enough to differentiate further. Therefore all the “Imperfect J” types of 1887 are categorised under the same DISH number.

An example of the 1887 High-Shield reverse is illustrated below:

HIGH SHIELD

5 DISH L502 DISH L503 ϭϴϴϳ>ŽŶĚŽŶ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ŚŽŽŬĞĚ:ƚLJƉĞĐůŽƐĞƌ:͘͘͘ŝŶŝƟĂůƐŝŶĂƐůŝŐŚƚĂƌĐǁŝƚŚ ϭϴϴϳ>ŽŶĚŽŶ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ŚŽŽŬĞĚ:ƚLJƉĞĐůŽƐĞƌ:͘͘͘ŝŶŝƟĂůƐǁŝƚŚ:͘͘ŝŶĂůĞǀĞů ƚŚĞ:ŶŽƟĐĞĂďůLJŚŝŐŚĞƌƚŚĂŶƚŚĞƐƚŽƉĂŌĞƌŝƚ͖ƚŚĞ͘͘ŵŽƌĞŽŶĂůŽǁĞƌůĞǀĞůĂŶĚ ůŝŶĞ͕ƚŚĞĂƚŽƵĐŚůŽǁĞƌĂŶĚƚŚĞĮŶĂůƐƚŽƉũƵƐƚĂďŽǀĞƚŚĞũƵŶĐƟŽŶůŝŶĞŽĨƚŚĞ ƚŚĞĮŶĂůƐƚŽƉŽŶƚŚĞũƵŶĐƟŽŶŽĨƚŚĞƚƌƵŶĐĂƟŽŶǁŝƚŚƚŚĞĮĞůĚ͘dŚĞĂƉƉĞĂƌƐƚŽďĞ ƚƌƵŶĐĂƟŽŶǁŝƚŚƚŚĞĮĞůĚ͘ ĚŽƵďůĞĚĂƚŝƚƐďĂƐĞ͘

6 DISH L504 DISH L505 ϭϴϴϳ>ŽŶĚŽŶ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ŚŽŽŬĞĚ:ƚLJƉĞǁŝĚĞƌƐƉƌĞĂĚ:͘͘͘ŝŶŝƟĂůƐǁŝƚŚďŽƩŽŵ ϭϴϴϳ >ŽŶĚŽŶ ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ ŚŽŽŬĞĚ : ƚLJƉĞ ǁŝĚĞƌ ƐƉƌĞĂĚ :͘͘͘ ŝŶŝƟĂůƐ Ă ůŝƩůĞ ŽĨ:ĂƚũƵŶĐƟŽŶŽĨƚƌƵŶĐĂƟŽŶǁŝƚŚĮĞůĚ͕ĮƌƐƚƐƚŽƉĐůŽƐĞƚŽ:͕ƚŚĞĂŶĚůĂƐƚƐƚŽƉ ŚŝŐŚĞƌŽŶƚƌƵŶĐĂƟŽŶ͕ƚŚĞĮƌƐƚƐƚŽƉĞƋƵŝĚŝƐƚĂŶƚďĞƚǁĞĞŶ:ĂŶĚ͕ƚŚĞƐĞĐŽŶĚƐƚŽƉ ĨƵƌƚŚĞƌƚŽƚŚĞƌŝŐŚƚ͕ǁŝƚŚƚŚĞďŽƩŽŵŽĨƚŚĞũƵƐƚĂďŽǀĞƚŚĞďŽƩŽŵůĞǀĞůŽĨƚŚĞ ĂůƐŽĞƋƵŝĚŝƐƚĂŶƚďĞƚǁĞĞŶĂŶĚ͕ƚŚĞůĂƐƚƐƚŽƉƋƵŝƚĞĚŝƐƚĂŶƚĨƌŽŵĂŶĚĂůŝƩůĞ ƐƚŽƉƐĞŝƚŚĞƌƐŝĚĞ͘ ŚŝŐŚĞƌƚŚĂŶƚŚĞďŽƩŽŵŽĨƚŚĞ͘dŚĞ:ŝƐĚŽƵďůĞƐƚƌƵĐŬ͘

7 DISH L506 DISH L507 ϭϴϴϳ>ŽŶĚŽŶ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ŚŽŽŬĞĚ:ƚLJƉĞǁŝĚĞƌƐƉƌĞĂĚ:͘͘͘ŝŶŝƟĂůƐĂŶĚƋƵŝƚĞ ϭϴϴϳ >ŽŶĚŽŶ ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ ŚŽŽŬĞĚ : ƚLJƉĞ :͘͘͘ ŝŶŝƟĂůƐ ƐƟůů ŶŽƚ ƉŚLJƐŝĐĂůůLJ ĞǀĞŶůLJƐƉĂĐĞĚ͕ƚŚĞƐƚŽƉƐĂůůĂƉƉĞĂƌƚŽďĞƐůŝŐŚƚůLJďĞůŽǁƚŚĞďĂƐĞŽĨƚŚĞůĞƩĞƌƐĂŶĚ ŝĚĞŶƟĮĞĚƚŚĞƌĞĨŽƌĞʹŶŽŝůůƵƐƚƌĂƟŽŶ͘WƌĞƐƵŵĞĚƚŽĞdžŝƐƚ͘ ƚŽǁĂƌĚƐƚŚĞũƵŶĐƟŽŶŽĨƚŚĞƚƌƵŶĐĂƟŽŶĂŶĚĮĞůĚ͘dŚĞůĞƩĞƌƐ:ĂŶĚĂƌĞĂůůƐĞƚĂ DISH L508 ůŝƩůĞŚŝŐŚĞƌƵƉƚŚĞƚƌƵŶĐĂƟŽŶ͘ ϭϴϴϳ>ŽŶĚŽŶ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕/ŵƉĞƌĨĞĐƚ:ƚLJƉĞ:͘͘͘ŝŶŝƟĂůƐ͘dŚĞďƵůŬŽĨƚŚĞϭϴϴϳ /ŵĂŐĞĐŽƵƌƚĞƐLJŽĨŶĚƌĞǁdŚŽƌďƵƌŶ͕ĞdžŽǁŶŝĞƐZĞƐĞƌǀĞĂŶŬŽĨƵƐƚƌĂůŝĂ^ĂůĞ ŝƐƐƵĞĂƌĞŽĨƚŚŝƐǀĂƌŝĞƚLJ͘

8 ROYAL MINT LONDON 1890 DISH NUMBERS L509 -L512 Throughout the short Jubilee Head coinage series 1887-93, changes were being made. All of the gold Half Sovereigns in 1887 across all three mints had been of the High Shield Reverse type.

Seemingly there were no Half Sovereigns at all minted in 1888, though there is evidence that 1888 dated dies were sent to both Sydney and Melbourne Mints in Australia, and therefore it is possible an 1888 London die could have been prepared, however no physical genuine coin has been seen to date by the author, and it would be very interesting if a genuine coin was to one day turn up.

For the year 1889 just the Sydney Mint issued gold Half Sovereigns, and the Reverse dies showed a significant change in that all were of the “Low Shield” variety.

In 1890 London once again started Half Sovereign production and the HIGH SHIELD change from High to Low Shield happened during this year. One assumes that the production of the High Shield reverse coins dated 1890 were produced the earliest that year, probably using up stock of high shield dies left over from the 1887 production runs, though fresh high shield dies could have been produced in deference to the low shield ones that had been sent to the Sydney Mint the year before dated 1889.

For the date 1890 the Obverse dies used have no J.E.B. initials on the truncation and were coupled with the high shield reverse die (DISH L509). That is to say at least, that none seem to exist today which display the J.E.B. initials. As with all Jubilee Head coinage one can never say never with any certainty that none were ever produced and perhaps an example may one day turn up with the J.E.B. initials (DISH L510).

The later, newer Reverse dies dated 1890 were of the Low Shield variety, and from my observations and research, I would suggest that about 70% of the year’s production was High Shield and 30% Low Shield variety. Just to make things even more complicated it would seem that about half of the newer Low Shield Reverse dies were coupled with an Obverse die with no J.E.B. initials (DISH L511), and the other half with an Obverse Die with J.E.B. initials on the truncation (DISH L512); those with initials being of the “imperfect J” type. LOW SHIELD

9 DISH L509 ϭϴϵϬ>ŽŶĚŽŶ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ƉůĂŝŶƚƌƵŶĐĂƟŽŶ͕ŶŽŝŶŝƟĂůƐ͕ŚŝŐŚƐŚŝĞůĚƌĞǀĞƌƐĞ͘

L511

L512

DISH L510 ϭϴϵϬ>ŽŶĚŽŶ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕/ŵƉĞƌĨĞĐƚ:ƚLJƉĞ:͘͘͘ŝŶŝƟĂůƐĂŶĚŚŝŐŚƐŚŝĞůĚƌĞǀĞƌƐĞ ƐƟůůŶŽƚƉŚLJƐŝĐĂůůLJŝĚĞŶƟĮĞĚƚŚĞƌĞĨŽƌĞʹŶŽŝůůƵƐƚƌĂƟŽŶ͘

DISH L511 ϭϴϵϬ>ŽŶĚŽŶ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ƉůĂŝŶƚƌƵŶĐĂƟŽŶ͕ŶŽŝŶŝƟĂůƐ͕ůŽǁƐŚŝĞůĚƌĞǀĞƌƐĞ͘

DISH L512 ϭϴϵϬ>ŽŶĚŽŶ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕/ŵƉĞƌĨĞĐƚ:ƚLJƉĞ:͘͘͘ŝŶŝƟĂůƐĂŶĚůŽǁƐŚŝĞůĚƌĞǀĞƌƐĞ͘

10 ROYAL MINT LONDON 1891 DISH NUMBER L513 All gold Half Sovereigns for London dated 1891 appear to have been There are clear reasons for this vast ramping up of production. During the produced using the Low Shield Reverse dies coupled with Obverse dies 1880’s there had been concern about the costs of producing and having without J.E.B. initials on the truncation. As ever though, just a word of to keep replacing Half Sovereigns. They were in constant use and due to caution, as one should always be aware of the chances of coming across that wear were having to be recalled. In 1887 as part of the launch of the the unexpected, and perhaps something different to the known variety new coinage, silver Crowns and a new denomination the silver Double- turning up one day. of four were minted and circulated.

The expectation was that these coins being much larger and hard wearing would significantly reduce the need for, and use of, gold Half Sovereigns. The problem was the public hated them. They were large and heavy and the two silver denominations were far too similar in size, causing confusion. Colloquially the silver became known as the “Barmaid’s nightmare” as all too often the four piece was being passed at five shillings in darkly lit places like public houses.

The silver Double-Florin therefore ceased production after just four years, the last dated 1890, and there continued to be great public demand for gold Half Sovereigns, which were not available in large enough numbers, L513 which was rectified by the large issue of 1892 dated Half Sovereigns. DISH L513 ϭϴϵϭ>ŽŶĚŽŶ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ƉůĂŝŶƚƌƵŶĐĂƟŽŶ͕ŶŽŝŶŝƟĂůƐ͕ůŽǁƐŚŝĞůĚƌĞǀĞƌƐĞ͘ By now the vast number of dies being used were the Low Shield Reverses again coupled with no J.E.B. type Obverse dies (DISH L516). There are however, a small number of High Shield coins to be found (DISH L514- 515). It is therefore reasonable to assume that given the vast number of coins required that older unused High Shield Reverse dies were dug out ROYAL MINT LONDON 1892 of storage and used once again. DISH NUMBERS L514-L517 I would put the figures at around 95% being Low Shield and 5% High This is a most interesting and significant year for gold Half Sovereign Shield’ production. Firstly, for the vast number of coins produced, 13,680,486. This is by far the highest annual output of Jubilee Head Half Sovereigns It appears that a tiny number of Low Shield Reverse coins exist with the and indeed the highest yearly mintage figure of Half Sovereigns ever, J.E.B. initials on the truncation (DISH L517). These are extremely rare. before or since. There was just one in the Reserve Bank of Australia auction of 2005, Lot 351, mentioned previously. To put this figure into context in terms of Jubilee Head Half Sovereign production, it represents just under 75% of all the Jubilee Head Half Sovereigns produced.

11 ROYAL MINT LONDON 1893 DISH NUMBER L518 1893 was the year during which the new image of the Queen, referred to as either, ‘VEILED HEAD’ or ‘OLD HEAD’, was introduced. Production of gold Half Sovereigns switched from Jubilee Heads to Old Heads halfway through the year. A total of 4,426,625 Half Sovereigns were issued in 1893. Until now, that figure has just been quoted as the total for both heads, with the general assumption that there were more Old Head coins issued L514 than Jubilee Heads. In fact the split between the two is very dramatic. The breakdown is very clearly recorded in the Royal Mint annual report DISH L514 for 1893. Of that previously mentioned total for the year, just 186,218 were Jubilee Heads. This is only just over 4% of the year’s output. This is ϭϴϵϮ>ŽŶĚŽŶ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ƉůĂŝŶƚƌƵŶĐĂƟŽŶ͕ŶŽŝŶŝƟĂůƐ͕ŚŝŐŚƐŚŝĞůĚƌĞǀĞƌƐĞ͘ by far the lowest annual number of London Jubilee Head Half Sovereigns produced. DISH L515 ϭϴϵϮ>ŽŶĚŽŶ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕/ŵƉĞƌĨĞĐƚ:ƚLJƉĞ:͘͘͘ŝŶŝƟĂůƐĂŶĚŚŝŐŚƐŚŝĞůĚƌĞǀĞƌƐĞ It would seem that all Jubilee Head Half Sovereigns for 1893 were Low ƐƟůůŶŽƚƉŚLJƐŝĐĂůůLJŝĚĞŶƟĮĞĚƚŚĞƌĞĨŽƌĞʹŶŽŝůůƵƐƚƌĂƟŽŶ͘ Shield, no J.E.B. variety.

L516 L518

DISH L516 DISH L518 ϭϴϵϮ>ŽŶĚŽŶ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ƉůĂŝŶƚƌƵŶĐĂƟŽŶ͕ŶŽŝŶŝƟĂůƐ͕ůŽǁƐŚŝĞůĚƌĞǀĞƌƐĞ͘ ϭϴϵϯ>ŽŶĚŽŶ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ƉůĂŝŶƚƌƵŶĐĂƟŽŶ͕ŶŽŝŶŝƟĂůƐ͕ůŽǁƐŚŝĞůĚƌĞǀĞƌƐĞ͘ DISH L517 ϭϴϵϮ>ŽŶĚŽŶ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕/ŵƉĞƌĨĞĐƚ:ƚLJƉĞ:͘͘͘ŝŶŝƟĂůƐĂŶĚůŽǁƐŚŝĞůĚƌĞǀĞƌƐĞ ʹŶŽŝůůƵƐƚƌĂƟŽŶĂǀĂŝůĂďůĞ͕ĞdžƚƌĞŵĞůLJƌĂƌĞ͘

12 SYDNEY MINT AUSTRALIA 1887 DISH NUMBERS S501-S506 In April 1887 The Royal Mint in London sent six pairs of gold Half However, we know that a percentage of coins minted are rejected Sovereign Dies to Sydney, Australia, with the new effigy of Queen Victoria during the quality control process. In London for 1887 the rejected ready for production to begin in June to coincide with the Golden Jubilee Half Sovereigns amounted to 50% of production. That figure would be celebrations. The six Obverse dies had not had the J.E.B. initials added on expected to be very much lower at Sydney where they did not have the the master die. Therefore, the initials were punched onto each individual luxury of new dies available instantly. Therefore often, coins deemed die by hand and this was done by Royal Mint employee William Poplett. substandard at London would be considered acceptable by Sydney. Because this work was done by hand the positioning of the initials and the In a letter dated 17th November 1887 from Robert Hunt, Deputy Master stops differ on the six dies. Some are quite similar and others significantly at Sydney, to Charles Fremantle, Deputy Master at London, Hunt states different but all six are each unique in their variety. that 12% of production has had to be rejected.

All six Obverse dies were used and there are examples of all six in ϴϴйŽĨϭϱϮ͕ϬϬϬсϭϯϯ͕ϳϲϬ͘tŝƚŚŝŶƚŚĞƟŶŝĞƐƚŵĂƌŐŝŶŽĨĞƌƌŽƌƚŚĂƚŐŝǀĞƐƵƐƚŚĞ existence today. However, whilst we have figures for the average number ϭϯϰ͕ϬϬϬŵŝŶƚĂŐĞĮŐƵƌĞ͘ of coins produced per pair of dies, production per individual pair of dies probably varied considerably. This would of course be the case for any mint for any year. This does seem to have been particularly the case here. Given the mintage figure for Sydney 1887, all are at the very least scarce, however one of the J.E.B. initials variations DISH number S.503, turns up as frequently as all the others put together. This makes the other five either rare or very rare indeed. There were also gold Young Head Half Sovereigns produced by the Sydney Mint dated 1887. Some young head type were produced prior to the production of coins using the new Jubilee type dies and some were struck later, as confirmed in a letter from Sydney Mint to The Royal Mint in London. Sydney only ever received the initial six pairs of Jubilee Head Half Sovereign dies used in 1887. The Sydney Mint annual report for 1887 quotes 19,000 as the average production of Half Sovereigns for that year per pair of dies. A total of 134,000 Half Sovereigns were issued. I would suggest that two pairs of Young Head dies were used as there were production runs of this type before and after jubilee type coins HIGH SHIELD dated 1887. 8 X 19,000 = 152,000

13 DISH S501 DISH S502 ϭϴϴϳ^LJĚŶĞLJ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ŚŽŽŬĞĚ:ƚLJƉĞǀĞƌLJƐƉƌĞĂĚ:͘͘͘ŝŶŝƟĂůƐŝŶĂǀĞƌLJƐůŝŐŚƚ ϭϴϴϳ^LJĚŶĞLJ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ŚŽŽŬĞĚ:ƚLJƉĞǀĞƌLJƐƉƌĞĂĚ:͘͘͘ŝŶŝƟĂůƐ͕ƚŚĞ:͘͘ ĂƌĐǁŝƚŚƚŚĞ:ŶŽƟĐĞĂďůLJŚŝŐŚĞƌƵƉŽŶƚŚĞƚƌƵŶĐĂƟŽŶ͖ƚŚĞ͘͘ŽŶĂůŽǁĞƌůĞǀĞůďŽƚŚ ǀĞƌLJƐƉƌĞĂĚĂŶĚůŽǁŽŶƚŚĞƚƌƵŶĐĂƟŽŶĂƚƚŚĞũƵŶĐƟŽŶǁŝƚŚƚŚĞĮĞůĚ͕ƚŚĞůĞƩĞƌ ĂƚƚŚĞũƵŶĐƟŽŶŽĨƚŚĞƚƌƵŶĐĂƟŽŶǁŝƚŚƚŚĞĮĞůĚ͘ ŝŶƚƌƵĚĞƐƚŚĞĮĞůĚ͕ƚŚĞƐƚŽƉĂŌĞƌŝƐďĂĐŬŽŶƚŚĞƚƌƵŶĐĂƟŽŶ͘ /ŵĂŐĞĐŽƵƌƚĞƐLJŽĨEŽďůĞEƵŵŝƐŵĂƟĐƐůŽƚϭϰϬϮĨƌŽŵƐĂůĞϭϬϯ͘ /ŵĂŐĞ ĐŽƵƌƚĞƐLJ ŽĨ WĂƵů ,ĂŶŶĂĨŽƌĚ ŽĨ /ŶƚĞƌŶĂƟŽŶĂů ƵĐƟŽŶ 'ĂůůĞƌŝĞƐ͕ ƵƐƚƌĂůŝĂ͕ ĂŶĚ ǁŝƚŚ ƚŚĂŶŬƐƚŽŶĚƌĞǁdŚŽƌďƵƌŶ͘

14 DISH S503 DISH S504 ϭϴϴϳ^LJĚŶĞLJ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ŚŽŽŬĞĚ:ƚLJƉĞůĞƐƐƐƉƌĞĂĚ:͘͘͘ŝŶŝƟĂůƐ͕ǁŝƚŚƚŚĞ ϭϴϴϳ^LJĚŶĞLJ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ŚŽŽŬĞĚ:ƚLJƉĞĐůŽƐĞƌ:͘͘͘ŝŶŝƟĂůƐ͕ǁŝƚŚƚŚĞ:ůŽǁĞƐƚ ŵŽƐƚĚŝƐƚĂŶƚĂŶĚĂƌĐŝŶŐƐůŝŐŚƚůLJƵƉǁĂƌĚƐ͕ĂůůůĞƩĞƌƐĂŶĚƐƚŽƉƐŽŶƚƌƵŶĐĂƟŽŶ͕ƚŚĞ ĂŶĚŝŶƚƌƵĚŝŶŐƚŚĞĮĞůĚ͕ƚŚĞ͘ŵŽƌĞůĞǀĞůĂƚũƵŶĐƟŽŶǁŝƚŚĮĞůĚ͕ƚŚĞĮŶĂůƐƚŽƉĂ ůĞƩĞƌƐĂƚũƵŶĐƟŽŶǁŝƚŚĮĞůĚ͘ ůŝƩůĞŚŝŐŚĞƌ͘

15 DISH S505 DISH S506 ϭϴϴϳ^LJĚŶĞLJ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ŚŽŽŬĞĚ:ƚLJƉĞĐůŽƐĞƌ:͘͘͘ŝŶŝƟĂůƐ͕ǁŝƚŚƚŚĞĚŝƐƚĂŶƚ͕ ϭϴϴϳ^LJĚŶĞLJ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ŚŽŽŬĞĚ:ƚLJƉĞĐůŽƐĞƌ:͘͘͘ŝŶŝƟĂůƐ͕ĂƌƌĂŶŐĞĚŝŶĂƐůŝŐŚƚ ƚŚĞ:ĂůŝƩůĞŚŝŐŚĞƌƚŚĂŶƚŚĞ͕ƚŚĞ:͘͘ĂƚũƵŶĐƟŽŶǁŝƚŚĮĞůĚ͕ƚŚĞŝŶƚƌƵĚĞƐƚŚĞĮĞůĚ ĂƌĐ͕ƚŚĞ:ƐůŽƉŝŶŐďĂĐŬǁĂƌĚĂŶĚŚŝŐŚĞƌŽŶƚƌƵŶĐĂƟŽŶ͕ĐůŽƐĞƌƚŽƚŚĞ͖ƚŚĞƋƵŝƚĞ ǁŝƚŚƐƚŽƉĂŌĞƌĂƚũƵŶĐƟŽŶǁŝƚŚƚƌƵŶĐĂƟŽŶ͘ ĚŝƐƚĂŶƚĨƌŽŵƚŚĞďƵƚŵŽƌĞůĞǀĞůǁŝƚŚƚŚĞ͘ /ŵĂŐĞĐŽƵƌƚĞƐLJŽĨEŽďůĞEƵŵŝƐŵĂƟĐƐůŽƚϳϵϴĨƌŽŵƐĂůĞϭϬϯ͘

16 SYDNEY MINT AUSTRALIA 1889 SYDNEY MINT AUSTRALIA 1891 DISH NUMBER S507 DISH NUMBERS S508-S509 In 1889 the Sydney Mint produced 64,000 gold Half Sovereigns. The 154,000 gold Half Sovereigns were produced in this year. Once again, as mintage figure has previously been widely quoted as being 32,000 in with the 1889 figures, the mintage figure for this year has been previously error. This error most likely came about by mistaking the face value of the erroneously quoted at half of the actual figure. The same mistake having year’s output for the number of coins. been made of quoting the face value of the output rather than the number of coins. Even at 64,000, this is a very low mintage and Sydney 1889 Half Sovereigns are rare. There are two very distinct Obverse types for this year. One with the There are slight die variations and attention is sometimes drawn to the Imperfect J type J.E.B. initials on the truncation (DISH S509), and the existence of 12 and 13 pearl necklace differences. To be honest, there are other with no J.E.B. initials at all (DISH S508). other more easily identified differences, both on the dies. In my opinion these differences are minor and all Half Sovereigns of The coins with the J.E.B. initials on truncation are very much in the this Mint and date are rare, so I am not differentiating between them and minority, and I estimate that ratio as being about 15% with the J.E.B. they are being allocated just one DISH number. initials and 85% without.

All are Low Shield Reverse with Imperfect J type J.E.B. initials on the All 1891 Sydney Mint Half Sovereigns are High Shield, which is surprising truncation. given that the 1889 Sydney coins were Low Shield. One does have to wonder about when particular dies were created and the order in which they were used.

Given the intermittent years of minting of gold Half Sovereigns and in very small numbers, by both the Sydney and Melbourne Mints, it is quite possible that dies produced some years earlier were being ‘used up’ and dates simply being added or changed as appropriate.

LOW SHIELD

DISH S507 HIGH SHIELD ϭϴϴϵ^LJĚŶĞLJ,ĂůĨ^ŽǀĞƌĞŝŐŶ͕/ŵƉĞƌĨĞĐƚ:ƚLJƉĞ:͘͘͘ŝŶŝƟĂůƐĂŶĚůŽǁƐŚŝĞůĚƌĞǀĞƌƐĞ͘ 17 DISH S508 DISH S509 ϭϴϵϭ^LJĚŶĞLJ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ƉůĂŝŶƚƌƵŶĐĂƟŽŶ͕ŶŽŝŶŝƟĂůƐ͕ŚŝŐŚƐŚŝĞůĚƌĞǀĞƌƐĞ͘ ϭϴϵϭ ^LJĚŶĞLJ ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ /ŵƉĞƌĨĞĐƚ :͘͘͘ ŝŶŝƟĂůƐ ŽŶ ƚƌƵŶĐĂƟŽŶ͕ ŚŝŐŚ ƐŚŝĞůĚ ƌĞǀĞƌƐĞ͘

18 MELBOURNE MINT AUSTRALIA 1887 DISH NUMBERS M501-M506 DISH M501 ϭϴϴϳDĞůďŽƵƌŶĞ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ŚŽŽŬĞĚ:ƚLJƉĞǁŝĚĞůLJƐƉƌĞĂĚ:͘͘͘ŝŶŝƟĂůƐ͕:͘͘ŽŶ Just as with the Sydney Mint, Melbourne were sent six pairs of gold Half ũƵŶĐƟŽŶŽĨƚƌƵŶĐĂƟŽŶǁŝƚŚĮĞůĚ͕ƚŚĞ͘ŝŶƚƌƵĚĞƐƚŚĞĮĞůĚ͘ Sovereign dies with the new effigy of the Queen, ready for production of the new coins to commence in time for the Golden Jubilee in June. Again, the Obverse dies were produced without J.E.B. initials present on the master die. Therefore, like the Sydney Mint dies, the J.E.B. initials were punched by hand individually onto each Obverse die by Royal Mint employee William Poplett using the Hooked J variety.

All six hooked J Obverse dies were utilised at Melbourne and all have been identified today, evidently produced in very small numbers all should be considered very rare.

The Melbourne Mint annual report for 1887 quotes 14,176 as the average production of Half Sovereigns for that year per pair of dies.

A total of 64,000 Half Sovereigns were issued and included some young head type dated 1887.

I would suggest that just one pair of Young Head dies were used.

7 X 14,176 = 99,232

That would suggest that just over 35,000 coins were rejected, or about 35% of production. That is less than London at 50% but considerably higher than Sydney’s 12% rejection rate for the year.

HIGH SHIELD

19 DISH M502 DISH M503 ϭϴϴϳ DĞůďŽƵƌŶĞ ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ ŚŽŽŬĞĚ : ƚLJƉĞ ƋƵŝƚĞ ƐƉƌĞĂĚ :͘͘͘ ŝŶŝƟĂůƐ͕ ǀĞƌLJ ϭϴϴϳDĞůďŽƵƌŶĞ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ŚŽŽŬĞĚ:ƚLJƉĞŶŽƚƐŽƐƉƌĞĂĚ:͘͘͘ŝŶŝƟĂůƐ͕ŝŶĂ ƐůŝŐŚƚĂƌĐŽĨůĞƩĞƌƐĂůůŽŶƚŚĞƚƌƵŶĐĂƟŽŶ͕ƚŚĞůĂƐƚƐƚŽƉĂŌĞƌŽŶũƵŶĐƟŽŶǁŝƚŚ ƐůŝŐŚƚĂƌĐ͕ƚŚĞ͘ŽŶƚŚĞũƵŶĐƟŽŶŽĨƚƌƵŶĐĂƟŽŶĂŶĚĮĞůĚ͘ ƚƌƵŶĐĂƟŽŶĂŶĚĮĞůĚ͘

20 DISH M504 DISH M505 ϭϴϴϳDĞůďŽƵƌŶĞ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ŚŽŽŬĞĚ:ƚLJƉĞŶŽƚƐŽƐƉƌĞĂĚ:͘͘͘ŝŶŝƟĂůƐ͕ŝŶĂ ϭϴϴϳDĞůďŽƵƌŶĞ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ŚŽŽŬĞĚ:ƚLJƉĞĐůŽƐĞƌ:͘͘͘ŝŶŝƟĂůƐ͕ŝŶĂƌĞůĂƟǀĞůLJ ƐƚƌĂŝŐŚƚůŝŶĞĂŶĚůĞǀĞů:͘͘ŚŽǁĞǀĞƌƚŚĞůĂƐƚƐƚŽƉƐůŝŐŚƚůLJůŽǁĞƌĂŶĚŝŶƚƌƵĚĞƐƚŚĞ ƐƚƌĂŝŐŚƚůŝŶĞ͕ŚŽǁĞǀĞƌƚŚĞƐƚŽƉĂŌĞƌŝƐůŽǁĞƌĂŶĚŝŶƚƌƵĚŝŶŐƚŚĞĮĞůĚ͕ƚŚĞďŽƩŽŵƐ ĮĞůĚ͘dŚĞ:ĂƉƉĞĂƌƐƐůŝŐŚƚůLJĚŽƵďůĞĚ͘ ŽĨŽƚŚĞƌůĞƩĞƌƐĂŶĚƐƚŽƉƐĂƌĞĂƚƚŚĞũƵŶĐƟŽŶŽĨƚƌƵŶĐĂƟŽŶĂŶĚĮĞůĚ͘dŚĞ:ĂŶĚ ĂƉƉĞĂƌĚŽƵďůĞĚ͘

21 MELBOURNE MINT AUSTRALIA 1893 DISH M506 DISH NUMBER M507 ϭϴϴϳDĞůďŽƵƌŶĞ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ŚŽŽŬĞĚ:ƚLJƉĞĐůŽƐĞƌ:͘͘͘ŝŶŝƟĂůƐ͕ŝŶĂƌĞůĂƟǀĞůLJ ƐƚƌĂŝŐŚƚůŝŶĞ͕ĂůůƚŚĞďŽƩŽŵƐŽĨůĞƩĞƌƐĂŶĚƐƚŽƉƐĂƌĞĂƚƚŚĞũƵŶĐƟŽŶŽĨƚƌƵŶĐĂƟŽŶ There were 110,024 gold Half Sovereigns produced by the Melbourne ĂŶĚĮĞůĚ͕ƚŚĞůĂƐƚƐƚŽƉŝƐŵŽƌĞĚŝƐƚĂŶƚĨƌŽŵƚŚĞƚŚĂŶǁŝƚŚDϱϬϱ͘ Mint in 1893. An extremely tiny proportion of these were ‘Old Heads’. The exact number of these is unknown but it is a small enough quantity for me to decide not to adjust down the Jubilee Head figure.

There are some very minor differences to both the Obverse and Reverse Half Sovereign dies, similar to those mentioned for the Sydney Mint dated 1889. Again, in my opinion, insignificant enough to justify more than one DISH number. Given that these were the first Melbourne Half Sovereigns struck since 1887, one has to speculate a remote possibility that the dies used for Melbourne 1893 and Sydney 1889 were produced at the same time, though it is more likely the Melbourne Mint ordered fresh dies from the Royal Mint in London nearer to 1893 and separately from the Sydney Mint for their production run dated 1889. DISH M507 ϭϴϵϯ^LJĚŶĞLJ,ĂůĨ^ŽǀĞƌĞŝŐŶ͕/ŵƉĞƌĨĞĐƚ:ƚLJƉĞ:͘͘͘ŝŶŝƟĂůƐĂŶĚůŽǁƐŚŝĞůĚƌĞǀĞƌƐĞ͘

22 APPENDIX

SURVEY OF JUBILEE HEAD HALF SOVEREIGNS SLABBED BY LONDON COINS SURVEY OF JUBILEE HEAD HALF SOVEREIGNS SOLD BY LONDON COINS AUCTIONS PRODUCTION BY YEAR AND MINT

In January 2019 I spent time at London Coins going through their archive In January 2019 I looked at all Jubilee Head Half Sovereigns sold by London Coins, LONDON SYDNEY MELBOURNE records of all the Jubilee Head Half Sovereigns they have graded and slabbed. going back from that date on their online archive. 1887 YES YES YES The small number of 1887 London Proofs were discounted as they were I only examined coins photographed, so at to be sure of accuracy. 1888 NO NO NO outside the remit of my research. This was a total of 115 coins. 1889 NO YES NO There were then a total of 69 coins. The vast majority of the coins sold, unsurprisingly, were London Mint. 1890 YES NO NO The breakdown is as follows: The breakdown is as follows: 1891 YES YES NO 1892 YES NO NO LONDON 65 LONDON 105 1893 YES NO YES SYDNEY 2 SYDNEY 5 MELBOURNE 2 MELBOURNE 5 LONDON 18,092,381 97.40% SYDNEY 318,500 1.71% TOTAL 69 TOTAL 115 MELBOURNE 164,882 0.89%

The breakdown of the London Mint coins is as follows; 6 were 1887 London Proofs, so were outside the remit of my research. TOTAL 18,575,763 100.00% The breakdown of the remaining 99 London Mint coins is as follows: 1887 NO JEB 2 1887 1887 1,027,128 5.53% HOOKED J 2 NO JEB 5 1888 IMPERFECT J 41 HOOKED J 8 1889 64,000 0.34% TOTAL 45 IMPERFECT J 44 1890 2,266,023 12.20% TOTAL 57 1891 1,241,884 6.69% 1890 1892 13,680,486 73.65% HIGH SHIELD, NO JEB 2 1890 1893 296,242 1.59% TOTAL 2 HIGH SHIELD, NO JEB 5 LOW SHIELD, NO JEB 1 TOTAL 18,575,763 100.00% 1891 TOTAL 6 1 TOTAL 1 1891 4 1892 TOTAL 4 HIGH SHIELD, NO JEB 1 LOW SHIELD, NO JEB 15 1892 TOTAL 16 HIGH SHIELD, NO JEB 1 LOW SHIELD, NO JEB 24 1893 TOTAL 25 1 TOTAL 1 1893 7 TOTAL 65 65 TOTAL 7

TOTAL 99 99

23 MINTAGE FIGURES AND ESTIMATED VARIATIONS BREAKDOWN DŝŶƚĂŐĞĮŐƵƌĞƐĂƌĞƚĂŬĞŶĨƌŽŵƚŚĞŽĸĐŝĂůŶŶƵĂůZĞƉŽƌƚƐĨƌŽŵƚŚĞZŽLJĂůDŝŶƚĂŶĚƚŚĞƌĂŶĐŚDŝŶƚƐĨŽƌƚŚĞƌĞůĞǀĂŶƚLJĞĂƌƐ͘dŚĞďƌĞĂŬĚŽǁŶƐĨŽƌƚŚĞLJĞĂƌƐĂŶĚƚŚĞŝŶĚŝǀŝĚƵĂůǀĂƌŝĂƟŽŶƐĂƌĞ ĐĂůĐƵůĂƚĞĚĂƐĂĐĐƵƌĂƚĞůLJĂƐƉŽƐƐŝďůĞƵƐŝŶŐǀĂƌŝŽƵƐĚĂƚĂƐƵĐŚĂƐ͖ŝĞƌĞĐŽƌĚƐĂŶĚŝĞƐƵƐĞĚ͕ƐƵƌǀŝǀŝŶŐĐŽŝŶƐůŝƐƚĞĚŝŶŵƵůƟƉůĞĂƵĐƟŽŶĂŶĚƐĂůĞƐƌĞĐŽƌĚƐ͕ĐŽŝŶƐŐƌĂĚĞĚĂŶĚƐůĂďďĞĚĂŶĚƚŚƌŽƵŐŚ ǀŝĞǁŝŶŐŵĂŶLJƚŚŽƵƐĂŶĚƐŽĨĐŽŝŶƐ͘

LONDON SYDNEY 1887 DISH NUMBER OBVERSE REVERSE PRODUCTION %AGE RARITY SPINK NO. 1887 DISH NUMBER OBVERSE REVERSE PRODUCTION %AGE RARITY SPINK NO. DISH L.501 NO JEB HIGH SHIELD 10,188 1.17% R 3869C DISH S.501 JEB VARIATION HIGH SHIELD 16,750 16.67% R4 3871 DISH L.502 JEB VARIATION HIGH SHIELD 3,397 0.39% R5 3869A DISH S.502 JEB VARIATION HIGH SHIELD 16,750 16.67% R4 3871 DISH L.503 JEB VARIATION HIGH SHIELD 3,397 0.39% R5 3869A DISH S.503 JEB VARIATION HIGH SHIELD 16,750 16.67% R2 3871A DISH L.504 JEB VARIATION HIGH SHIELD 3,397 0.39% R6 3869A DISH S.504 JEB VARIATION HIGH SHIELD 16,750 16.67% R4 3871A DISH L.505 JEB VARIATION HIGH SHIELD 3,397 0.39% R6 3869A DISH S.505 JEB VARIATION HIGH SHIELD 16,750 16.66% R4 3871A DISH L.506 JEB VARIATION HIGH SHIELD 3,397 0.39% R6 3869A DISHS.506 JEB VARIATION HIGH SHIELD 16,750 16.66% R4 3871A DISH L.507 JEB VARIATION HIGH SHIELD 3,397 0.39% R7 3869A YEAR TOTAL 100,500 100.00% DISH L.508 IMPERFECT J HIGH SHIELD 841,200 96.49% C2 3869 134,000 Half Sovereigns were struck at Sydney in 1887. I estimate that 25% were Young Heads. YEAR TOTAL 871,770 100.00% 1889 DISH NUMBER OBVERSE REVERSE PRODUCTION %AGE RARITY SPINK NO. 1890 DISH NUMBER OBVERSE REVERSE PRODUCTION %AGE RARITY SPINK NO. DISH S.507 IMPERFECT J LOW SHIELD 64,000 100.00% R3 3871B DISH L.509 NO JEB HIGH SHIELD 1,586,217 70.00% C 3869C YEAR TOTAL 64,000 100.00% DISH L.510 IMPERFECT J HIGH SHIELD DOES IT EXIST? R7? 3869 DISH L.511 NO JEB LOW SHIELD 339,903 15.00% R 3869D 1891 DISH NUMBER OBVERSE REVERSE PRODUCTION %AGE RARITY SPINK NO. DISH L.512 IMPERFECT J LOW SHIELD 339,903 15.00% R 3869B DISH S.508 NO JEB HIGH SHIELD 130,900 85.00% R2 3871D YEAR TOTAL 2,266,023 100.00% DISH S.509 IMPERFECT J HIGH SHIELD 23,100 15.00% R4 3871C YEAR TOTAL 154,000 100.00% 1891 DISH NUMBER OBVERSE REVERSE PRODUCTION %AGE RARITY SPINK NO. DISH L.513 NO JEB LOW SHIELD 1,087,884 100.00% S 3869D SYDNEY TOTAL 318,500 318,500 YEAR TOTAL 1,087,884 100.00% MELBOURNE 1892 DISH NUMBER OBVERSE REVERSE PRODUCTION %AGE RARITY SPINK NO. 1887 DISH NUMBER OBVERSE REVERSE PRODUCTION %AGE RARITY SPINK NO. DISH L.514 NO JEB HIGH SHIELD 684,024 5.00% R 3869C DISH M.501 JEB VARIATION HIGH SHIELD 9,143 16.67% R4 3870 DISH L.515 IMPERFECT J HIGH SHIELD DOES IT EXIST? R7? DISH M.502 JEB VARIATION HIGH SHIELD 9,143 16.67% R4 3870 DISH L.516 NO JEB LOW SHIELD 12,971,499 94.82% C3 3869D DISH M.503 JEB VARIATION HIGH SHIELD 9,143 16.67% R4 3870 DISH L.517 IMPERFECT J LOW SHIELD 24,963 0.18% R6 3869B DISH M.504 JEB VARIATION HIGH SHIELD 9,143 16.67% R4 3870 YEAR TOTAL 13,680,486 100.00% DISH M.505 JEB VARIATION HIGH SHIELD 9,143 16.66% R4 3870A DISH M.506 JEB VARIATION HIGH SHIELD 9,143 16.66% R4 3870A 1893 DISH NUMBER OBVERSE REVERSE PRODUCTION %AGE RARITY SPINK NO. YEAR TOTAL 54,858 100.00% DISH L.518 NO JEB LOW SHIELD 186,218 100.00% S 3869D 64,000 Half Sovereigns were struck at Melbourne in 1887. I estimate that just over 14% were Young Heads. YEAR TOTAL 186,218 100.00% 4,240,407 Old Head Half Sovereigns were also struck in 1893, which was 95.80% of the 4,426,625 struck that year. The 186,218 Jubilee Heads is just 4.20% of the year’s output. 1893 DISH NUMBER OBVERSE REVERSE PRODUCTION %AGE RARITY SPINK NO. DISH M.507 IMPERFECT J LOW SHIELD 110,024 100.00% R2 3870B LONDON TOTAL 18,092,381 18,092,381 YEAR TOTAL 110,024 100.00% A tiny unknown number of Old Heads were struck at Melbourne in 1893.

MELBOURNE TOTAL 164,882 164,882

GRAND TOTAL 18,575,763 18,575,763

24 The David Iverson Collection Victoria Jubilee Head Gold Half Sovereigns Sale Catalogue - Coins available from Sovereign Rarities Ltd

DISH L503 – Iverson coin 3 sŝĐƚŽƌŝĂ;ϭϴϯϳͲϭϵϬϭͿ͕ŐŽůĚ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ϭϴϴϳ͕>ŽŶĚŽŶ͕dŽǁĞƌ,ŝůůDŝŶƚ͕'ŽůĚĞŶ :ƵďŝůĞĞƐƚLJůĞ ďƵƐƚ ĨĂĐŝŶŐ ůĞŌ͕ ĚĞƐŝŐŶĞĚďLJ : ĚŐĂƌ ŽĞŚŵ͕ ƐŵĂůůĐƌŽǁŶ ĂŶĚǀĞŝů ŽŶŚĞĂĚ͕ƉĞĂƌůĞĂƌƌŝŶŐǁŝƚŚƉĞĂƌůŶĞĐŬůĂĐĞ͕:͘͘͘ŝŶŝƟĂůƐĐůŽƐĞƚŽŐĞƚŚĞƌƌĂŝƐĞĚŽŶ ƚƌƵŶĐĂƟŽŶǁŝƚŚŚŽŽŬĞĚ:͕>ĂƟŶůĞŐĞŶĚĂŶĚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕s/dKZ/ DISH L501 – Iverson coin 1 /'Zd/͕ƌĞǀ͘ƐƚƌƵĐŬĞŶŵĞĚĂŝůůĞ͕ĐƌŽǁŶĞĚƋƵĂƌƚĞƌĞĚŚŝŐŚƐŚŝĞůĚŽĨĂƌŵƐ͕ĚĂƚĞ sŝĐƚŽƌŝĂ;ϭϴϯϳͲϭϵϬϭͿ͕ŐŽůĚ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ϭϴϴϳ͕>ŽŶĚŽŶ͕dŽǁĞƌ,ŝůůDŝŶƚ͕'ŽůĚĞŶ ďĞůŽǁĞŝƚŚĞƌƐŝĚĞŽĨďŽƩŽŵŽĨĨƌĂŵĞ͕ůĞŐĞŶĚĐŽŵŵĞŶĐĞƐůŽǁĞƌůĞŌǁŝƚŚƚŽŽƚŚĞĚ :ƵďŝůĞĞ ƐƚLJůĞ ďƵƐƚ ĨĂĐŝŶŐ ůĞŌ͕ ĚĞƐŝŐŶĞĚ ďLJ : ĚŐĂƌ ŽĞŚŵ͕ ƐŵĂůů ĐƌŽǁŶ ĂŶĚ ǀĞŝů ďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕Z/dEE/ZhDZ'/E&/͗&͗ĞĚŐĞŵŝůůĞĚ͕ǁĞŝŐŚƚϰ͘ϬϬŐ ŽŶŚĞĂĚ͕ƉĞĂƌůĞĂƌƌŝŶŐǁŝƚŚƉĞĂƌůŶĞĐŬůĂĐĞ͕ƉůĂŝŶƚƌƵŶĐĂƟŽŶǀĂƌŝĞƚLJ͕>ĂƟŶůĞŐĞŶĚ ;/^,>ϱϬϯZϱ͖DĂƌƐŚϰϳϴ͖^͘ϯϴϲϵͿ͘dŽŶĞĚǁŝƚŚƐŽŵĞůŝŐŚƚŶŝĐŬƐĂŶĚĂƉĂƚĐŚŽĨ ĂŶĚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕s/dKZ//'Zd/͕ƌĞǀ͘ƐƚƌƵĐŬĞŶŵĞĚĂŝůůĞ͕ ƐĐƌĂƚĐŚĞƐƚŽůĞŌŽĨƐŚŝĞůĚ͕ŽƚŚĞƌǁŝƐĞĞdžƚƌĞŵĞůLJĮŶĞĂŶĚĞdžƚƌĞŵĞůLJƌĂƌĞ͘ £750 ĐƌŽǁŶĞĚƋƵĂƌƚĞƌĞĚŚŝŐŚƐŚŝĞůĚŽĨĂƌŵƐ͕ĚĂƚĞďĞůŽǁĞŝƚŚĞƌƐŝĚĞŽĨďŽƩŽŵŽĨĨƌĂŵĞ͕ ůĞŐĞŶĚĐŽŵŵĞŶĐĞƐůŽǁĞƌůĞŌǁŝƚŚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕Z/dEE/ZhD Z'/E&/͗&͗ĞĚŐĞŵŝůůĞĚ͕ǁĞŝŐŚƚϯ͘ϵϵŐ;/^,>ϱϬϭ͖DĂƌƐŚϰϳϴ͖^͘ϯϴϲϵͿ͘ >ŝŐŚƚůLJ ƚŽŶĞĚ ǁŝƚŚ ƐŽŵĞ ůŝŐŚƚ ƐƵƌĨĂĐĞ ŵĂƌŬƐ͕ ŐŽŽĚ ǀĞƌLJ ĮŶĞ͕ ƌĞǀĞƌƐĞ ĞdžƚƌĞŵĞůLJ ĮŶĞ͘ £500

DISH L502 – Iverson coin 2 DISH L504 – Iverson coin 4 sŝĐƚŽƌŝĂ;ϭϴϯϳͲϭϵϬϭͿ͕ŐŽůĚ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ϭϴϴϳ͕>ŽŶĚŽŶ͕dŽǁĞƌ,ŝůůDŝŶƚ͕'ŽůĚĞŶ sŝĐƚŽƌŝĂ;ϭϴϯϳͲϭϵϬϭͿ͕ŐŽůĚ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ϭϴϴϳ͕>ŽŶĚŽŶ͕dŽǁĞƌ,ŝůůDŝŶƚ͕'ŽůĚĞŶ :ƵďŝůĞĞ ƐƚLJůĞ ďƵƐƚ ĨĂĐŝŶŐ ůĞŌ͕ ĚĞƐŝŐŶĞĚ ďLJ : ĚŐĂƌ ŽĞŚŵ͕ ƐŵĂůů ĐƌŽǁŶ ĂŶĚ ǀĞŝů :ƵďŝůĞĞƐƚLJůĞ ďƵƐƚ ĨĂĐŝŶŐ ůĞŌ͕ ĚĞƐŝŐŶĞĚďLJ : ĚŐĂƌ ŽĞŚŵ͕ ƐŵĂůůĐƌŽǁŶ ĂŶĚǀĞŝů ŽŶŚĞĂĚ͕ƉĞĂƌůĞĂƌƌŝŶŐǁŝƚŚƉĞĂƌůŶĞĐŬůĂĐĞ͕:͘͘͘ŝŶŝƟĂůƐĐůŽƐĞƚŽŐĞƚŚĞƌƌĂŝƐĞĚŽŶ ŽŶŚĞĂĚ͕ƉĞĂƌůĞĂƌƌŝŶŐǁŝƚŚƉĞĂƌůŶĞĐŬůĂĐĞ͕:͘͘͘ŝŶŝƟĂůƐĐůŽƐĞƚŽŐĞƚŚĞƌƌĂŝƐĞĚŽŶ ƚƌƵŶĐĂƟŽŶǁŝƚŚŚŽŽŬĞĚ:͕>ĂƟŶůĞŐĞŶĚĂŶĚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕s/dKZ/ ƚƌƵŶĐĂƟŽŶǁŝƚŚŚŽŽŬĞĚ:͕>ĂƟŶůĞŐĞŶĚĂŶĚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕s/dKZ/ /'Zd/͕ƌĞǀ͘ƐƚƌƵĐŬĞŶŵĞĚĂŝůůĞ͕ĐƌŽǁŶĞĚƋƵĂƌƚĞƌĞĚŚŝŐŚƐŚŝĞůĚŽĨĂƌŵƐ͕ĚĂƚĞ /'Zd/͕ƌĞǀ͘ƐƚƌƵĐŬĞŶŵĞĚĂŝůůĞ͕ĐƌŽǁŶĞĚƋƵĂƌƚĞƌĞĚŚŝŐŚƐŚŝĞůĚŽĨĂƌŵƐ͕ĚĂƚĞ ďĞůŽǁĞŝƚŚĞƌƐŝĚĞŽĨďŽƩŽŵŽĨĨƌĂŵĞ͕ůĞŐĞŶĚĐŽŵŵĞŶĐĞƐůŽǁĞƌůĞŌǁŝƚŚƚŽŽƚŚĞĚ ďĞůŽǁĞŝƚŚĞƌƐŝĚĞŽĨďŽƩŽŵŽĨĨƌĂŵĞ͕ůĞŐĞŶĚĐŽŵŵĞŶĐĞƐůŽǁĞƌůĞŌǁŝƚŚƚŽŽƚŚĞĚ ďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕Z/dEE/ZhDZ'/E&/͗&͗ĞĚŐĞŵŝůůĞĚ͕ǁĞŝŐŚƚϰ͘ϬϭŐ ďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕Z/dEE/ZhDZ'/E&/͗&͗ĞĚŐĞŵŝůůĞĚ͕ǁĞŝŐŚƚϯ͘ϵϳŐ ;/^, >ϱϬϮ Zϱ͖ DĂƌƐŚ ϰϳϴ͖ ^͘ϯϴϲϵͿ͘ WƌŽŽĨͲůŝŬĞ͕ ƐŽŵĞ ůŝŐŚƚ ƐƵƌĨĂĐĞ ŵĂƌŬƐ͕ ;/^,>ϱϬϰZϲ͖DĂƌƐŚϰϳϴ͖^͘ϯϴϲϵͿ͘dŽŶĞĚǁŝƚŚƐƵƌĨĂĐĞŵĂƌŬƐ͕ĂůŵŽƐƚǀĞƌLJĮŶĞ ŽƚŚĞƌǁŝƐĞŐŽŽĚĞdžƚƌĞŵĞůLJĮŶĞĂŶĚĞdžƚƌĞŵĞůLJƌĂƌĞ͘ £1,250 ĂŶĚĞdžƚƌĞŵĞůLJƌĂƌĞ͘ £650 25 DISH L505 – Iverson coin 5 DISH L509 – Iverson coin 7 sŝĐƚŽƌŝĂ;ϭϴϯϳͲϭϵϬϭͿ͕ŐŽůĚ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ϭϴϴϳ͕>ŽŶĚŽŶ͕dŽǁĞƌ,ŝůůDŝŶƚ͕'ŽůĚĞŶ sŝĐƚŽƌŝĂ;ϭϴϯϳͲϭϵϬϭͿ͕ŐŽůĚ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ϭϴϵϬ͕>ŽŶĚŽŶ͕dŽǁĞƌ,ŝůůDŝŶƚ͕'ŽůĚĞŶ :ƵďŝůĞĞ ƐƚLJůĞ ďƵƐƚ ĨĂĐŝŶŐ ůĞŌ͕ ĚĞƐŝŐŶĞĚ ďLJ : ĚŐĂƌ ŽĞŚŵ͕ ƐŵĂůů ĐƌŽǁŶ ĂŶĚ ǀĞŝů :ƵďŝůĞĞƐƚLJůĞ ďƵƐƚ ĨĂĐŝŶŐ ůĞŌ͕ ĚĞƐŝŐŶĞĚďLJ : ĚŐĂƌ ŽĞŚŵ͕ ƐŵĂůůĐƌŽǁŶ ĂŶĚǀĞŝů ŽŶŚĞĂĚ͕ƉĞĂƌůĞĂƌƌŝŶŐǁŝƚŚƉĞĂƌůŶĞĐŬůĂĐĞ͕:͘͘͘ŝŶŝƟĂůƐĐůŽƐĞƚŽŐĞƚŚĞƌƌĂŝƐĞĚŽŶ ŽŶŚĞĂĚ͕ƉĞĂƌůĞĂƌƌŝŶŐǁŝƚŚƉĞĂƌůŶĞĐŬůĂĐĞ͕ƉůĂŝŶƚƌƵŶĐĂƟŽŶǀĂƌŝĞƚLJ͕>ĂƟŶůĞŐĞŶĚ ƚƌƵŶĐĂƟŽŶǁŝƚŚŚŽŽŬĞĚ:͕>ĂƟŶůĞŐĞŶĚĂŶĚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕s/dKZ/ ĂŶĚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕s/dKZ//'Zd/͕ƌĞǀ͘ƐƚƌƵĐŬĞŶŵĞĚĂŝůůĞ͕ /'Zd/͕ƌĞǀ͘ƐƚƌƵĐŬĞŶŵĞĚĂŝůůĞ͕ĐƌŽǁŶĞĚƋƵĂƌƚĞƌĞĚŚŝŐŚƐŚŝĞůĚŽĨĂƌŵƐ͕ĚĂƚĞ ĐƌŽǁŶĞĚƋƵĂƌƚĞƌĞĚŚŝŐŚƐŚŝĞůĚŽĨĂƌŵƐ͕ĚĂƚĞďĞůŽǁĞŝƚŚĞƌƐŝĚĞŽĨďŽƩŽŵŽĨĨƌĂŵĞ͕ ďĞůŽǁĞŝƚŚĞƌƐŝĚĞŽĨďŽƩŽŵŽĨĨƌĂŵĞ͕ůĞŐĞŶĚĐŽŵŵĞŶĐĞƐůŽǁĞƌůĞŌǁŝƚŚƚŽŽƚŚĞĚ ůĞŐĞŶĚĐŽŵŵĞŶĐĞƐůŽǁĞƌůĞŌǁŝƚŚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕Z/dEE/ZhD ďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕Z/dEE/ZhDZ'/E&/͗&͗ĞĚŐĞŵŝůůĞĚ͕ǁĞŝŐŚƚϰ͘ϬϬŐ Z'/E&/͗&͗ĞĚŐĞŵŝůůĞĚ͕ǁĞŝŐŚƚϯ͘ϵϵŐ;/^,>ϱϬϵ͖DĂƌƐŚϰϳϵ͖^͘ϯϴϲϵͿ͘ ;/^,>ϱϬϱZϲ͖DĂƌƐŚϰϳϴ͖^͘ϯϴϲϵͿ͘dŽŶĞĚĞdžƚƌĞŵĞůLJĮŶĞ͕ĞdžƚƌĞŵĞůLJƌĂƌĞ͘  >ŝŐŚƚůLJƚŽŶĞĚǁŝƚŚƐŽŵĞůŝŐŚƚƐƵƌĨĂĐĞŵĂƌŬƐ͕ĂůŵŽƐƚĞdžƚƌĞŵĞůLJĮŶĞ͘ £350 £1,250 džŶĚƌĞǁdŚŽƌďƵƌŶĐŽůůĞĐƟŽŶ

DISH L508 – Iverson coin 6 DISH L511 – Iverson coin 8 sŝĐƚŽƌŝĂ;ϭϴϯϳͲϭϵϬϭͿ͕ŐŽůĚ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ϭϴϴϳ͕>ŽŶĚŽŶ͕dŽǁĞƌ,ŝůůDŝŶƚ͕'ŽůĚĞŶ sŝĐƚŽƌŝĂ;ϭϴϯϳͲϭϵϬϭͿ͕ŐŽůĚ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ϭϴϵϬ͕>ŽŶĚŽŶ͕dŽǁĞƌ,ŝůůDŝŶƚ͕'ŽůĚĞŶ :ƵďŝůĞĞ ƐƚLJůĞ ďƵƐƚ ĨĂĐŝŶŐ ůĞŌ͕ ĚĞƐŝŐŶĞĚ ďLJ : ĚŐĂƌ ŽĞŚŵ͕ ƐŵĂůů ĐƌŽǁŶ ĂŶĚ ǀĞŝů :ƵďŝůĞĞƐƚLJůĞ ďƵƐƚ ĨĂĐŝŶŐ ůĞŌ͕ ĚĞƐŝŐŶĞĚďLJ : ĚŐĂƌ ŽĞŚŵ͕ ƐŵĂůůĐƌŽǁŶ ĂŶĚǀĞŝů ŽŶ ŚĞĂĚ͕ ƉĞĂƌů ĞĂƌƌŝŶŐ ǁŝƚŚ ƉĞĂƌů ŶĞĐŬůĂĐĞ͕ /͘͘͘ ŝŶŝƟĂůƐ ĐůŽƐĞ ƚŽŐĞƚŚĞƌ ƌĂŝƐĞĚ ŽŶŚĞĂĚ͕ƉĞĂƌůĞĂƌƌŝŶŐǁŝƚŚƉĞĂƌůŶĞĐŬůĂĐĞ͕ƉůĂŝŶƚƌƵŶĐĂƟŽŶǀĂƌŝĞƚLJ͕>ĂƟŶůĞŐĞŶĚ ŽŶ ƚƌƵŶĐĂƟŽŶ ǁŝƚŚ ŝŵƉĞƌĨĞĐƚ :͕ >ĂƟŶ ůĞŐĞŶĚ ĂŶĚ ƚŽŽƚŚĞĚ ďŽƌĚĞƌ ƐƵƌƌŽƵŶĚŝŶŐ͕ ĂŶĚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕s/dKZ//'Zd/͕ƌĞǀ͘ƐƚƌƵĐŬĞŶŵĞĚĂŝůůĞ͕ s/dKZ//'Zd/͕ƌĞǀ͘ƐƚƌƵĐŬĞŶŵĞĚĂŝůůĞ͕ĐƌŽǁŶĞĚƋƵĂƌƚĞƌĞĚŚŝŐŚƐŚŝĞůĚŽĨ ĐƌŽǁŶĞĚƋƵĂƌƚĞƌĞĚůŽǁƐŚŝĞůĚŽĨĂƌŵƐ͕ĚĂƚĞďĞůŽǁŵŽƌĞƐƉƌĞĂĚŽƵƚĞŝƚŚĞƌƐŝĚĞŽĨ ĂƌŵƐ͕ĚĂƚĞďĞůŽǁĞŝƚŚĞƌƐŝĚĞŽĨďŽƩŽŵŽĨĨƌĂŵĞ͕ůĞŐĞŶĚĐŽŵŵĞŶĐĞƐůŽǁĞƌůĞŌ ďŽƩŽŵŽĨĨƌĂŵĞ͕ůĞŐĞŶĚĐŽŵŵĞŶĐĞƐůŽǁĞƌůĞŌǁŝƚŚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕ ǁŝƚŚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕Z/dEE/ZhDZ'/E&/͗&͗ĞĚŐĞŵŝůůĞĚ͕ Z/dEE/ZhDZ'/E&/͗&͗ĞĚŐĞŵŝůůĞĚ͕ǁĞŝŐŚƚϯ͘ϵϵŐ;/^,>ϱϭϭ͖DĂƌƐŚ ǁĞŝŐŚƚϰ͘ϬϬŐ;/^,>ϱϬϴ͖DĂƌƐŚϰϳϴ͖^͘ϯϴϲϵͿ͘dŽŶĞĚ͕ƐŽŵĞůŝŐŚƚŚĂŝƌůŝŶĞƐŝŶĮĞůĚƐ͕ ϰϳϵ͖^͘ϯϴϲϵͿ͘dŽŶĞĚǀĞƌLJĮŶĞ͕ƌĞǀĞƌƐĞŐŽŽĚǀĞƌLJĮŶĞ͕ǀĞƌLJƌĂƌĞ͘ £450 ĂůŵŽƐƚĞdžƚƌĞŵĞůLJĮŶĞ͘ £275 26 DISH L512 – Iverson coin 9 DISH L514 – Iverson coin 11 sŝĐƚŽƌŝĂ;ϭϴϯϳͲϭϵϬϭͿ͕ŐŽůĚ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ϭϴϵϬ͕>ŽŶĚŽŶ͕dŽǁĞƌ,ŝůůDŝŶƚ͕'ŽůĚĞŶ sŝĐƚŽƌŝĂ;ϭϴϯϳͲϭϵϬϭͿ͕ŐŽůĚ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ϭϴϵϮ͕>ŽŶĚŽŶ͕dŽǁĞƌ,ŝůůDŝŶƚ͕'ŽůĚĞŶ :ƵďŝůĞĞ ƐƚLJůĞ ďƵƐƚ ĨĂĐŝŶŐ ůĞŌ͕ ĚĞƐŝŐŶĞĚ ďLJ : ĚŐĂƌ ŽĞŚŵ͕ ƐŵĂůů ĐƌŽǁŶ ĂŶĚ ǀĞŝů :ƵďŝůĞĞƐƚLJůĞ ďƵƐƚ ĨĂĐŝŶŐ ůĞŌ͕ ĚĞƐŝŐŶĞĚďLJ : ĚŐĂƌ ŽĞŚŵ͕ ƐŵĂůůĐƌŽǁŶ ĂŶĚǀĞŝů ŽŶ ŚĞĂĚ͕ ƉĞĂƌů ĞĂƌƌŝŶŐ ǁŝƚŚ ƉĞĂƌů ŶĞĐŬůĂĐĞ͕ /͘͘͘ ŝŶŝƟĂůƐ ĐůŽƐĞ ƚŽŐĞƚŚĞƌ ƌĂŝƐĞĚ ŽŶŚĞĂĚ͕ƉĞĂƌůĞĂƌƌŝŶŐǁŝƚŚƉĞĂƌůŶĞĐŬůĂĐĞ͕ƉůĂŝŶƚƌƵŶĐĂƟŽŶǀĂƌŝĞƚLJ͕>ĂƟŶůĞŐĞŶĚ ŽŶ ƚƌƵŶĐĂƟŽŶ ǁŝƚŚ ŝŵƉĞƌĨĞĐƚ :͕ >ĂƟŶ ůĞŐĞŶĚ ĂŶĚ ƚŽŽƚŚĞĚ ďŽƌĚĞƌ ƐƵƌƌŽƵŶĚŝŶŐ͕ ĂŶĚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕s/dKZ//'Zd/͕ƌĞǀ͘ƐƚƌƵĐŬĞŶŵĞĚĂŝůůĞ͕ s/dKZ/ / 'Zd/͕ ƌĞǀ͘ ƐƚƌƵĐŬ ĞŶ ŵĞĚĂŝůůĞ͕ ĐƌŽǁŶĞĚ ƋƵĂƌƚĞƌĞĚ ůŽǁ ƐŚŝĞůĚ ĐƌŽǁŶĞĚƋƵĂƌƚĞƌĞĚŚŝŐŚƐŚŝĞůĚŽĨĂƌŵƐ͕ĚĂƚĞďĞůŽǁĞŝƚŚĞƌƐŝĚĞŽĨďŽƩŽŵŽĨĨƌĂŵĞ͕ ŽĨ ĂƌŵƐ͕ ĚĂƚĞ ďĞůŽǁ ŵŽƌĞ ƐƉƌĞĂĚ ŽƵƚ ĞŝƚŚĞƌ ƐŝĚĞ ŽĨ ďŽƩŽŵ ŽĨ ĨƌĂŵĞ͕ ůĞŐĞŶĚ ůĞŐĞŶĚĐŽŵŵĞŶĐĞƐůŽǁĞƌůĞŌǁŝƚŚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕Z/dEE/ZhD ĐŽŵŵĞŶĐĞƐůŽǁĞƌůĞŌǁŝƚŚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕Z/dEE/ZhDZ'/E Z'/E&/͗&͗ĞĚŐĞŵŝůůĞĚ͕ǁĞŝŐŚƚϯ͘ϵϵŐ;/^,>ϱϭϰ͖ĐĨ͘DĂƌƐŚϰϴϭ͖^͘ϯϴϲϵͿ͘ &/͗&͗ĞĚŐĞŵŝůůĞĚ͕ǁĞŝŐŚƚϯ͘ϵϵŐ;/^,>ϱϭϮ͖DĂƌƐŚϰϳϵ͖^͘ϯϴϲϵͿ͘dŽŶĞĚĂ >ŝŐŚƚůLJƚŽŶĞĚǁŝƚŚƐŽŵĞůŝŐŚƚƐƵƌĨĂĐĞŵĂƌŬƐ͕ĂůŵŽƐƚĞdžƚƌĞŵĞůLJĮŶĞ͘ £400 ĨĞǁůŝŐŚƚƐƵƌĨĂĐĞŵĂƌŬƐ͕ĂůŵŽƐƚĞdžƚƌĞŵĞůLJĮŶĞ͕ƌĂƌĞ͘ £475

DISH L513 – Iverson coin 10 DISH L516 – Iverson coin 12 sŝĐƚŽƌŝĂ;ϭϴϯϳͲϭϵϬϭͿ͕ŐŽůĚ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ϭϴϵϭ͕>ŽŶĚŽŶ͕dŽǁĞƌ,ŝůůDŝŶƚ͕'ŽůĚĞŶ sŝĐƚŽƌŝĂ;ϭϴϯϳͲϭϵϬϭͿ͕ŐŽůĚ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ϭϴϵϮ͕>ŽŶĚŽŶ͕dŽǁĞƌ,ŝůůDŝŶƚ͕'ŽůĚĞŶ :ƵďŝůĞĞ ƐƚLJůĞ ďƵƐƚ ĨĂĐŝŶŐ ůĞŌ͕ ĚĞƐŝŐŶĞĚ ďLJ : ĚŐĂƌ ŽĞŚŵ͕ ƐŵĂůů ĐƌŽǁŶ ĂŶĚ ǀĞŝů :ƵďŝůĞĞƐƚLJůĞ ďƵƐƚ ĨĂĐŝŶŐ ůĞŌ͕ ĚĞƐŝŐŶĞĚďLJ : ĚŐĂƌ ŽĞŚŵ͕ ƐŵĂůůĐƌŽǁŶ ĂŶĚǀĞŝů ŽŶŚĞĂĚ͕ƉĞĂƌůĞĂƌƌŝŶŐǁŝƚŚƉĞĂƌůŶĞĐŬůĂĐĞ͕ƉůĂŝŶƚƌƵŶĐĂƟŽŶǀĂƌŝĞƚLJ͕>ĂƟŶůĞŐĞŶĚ ŽŶŚĞĂĚ͕ƉĞĂƌůĞĂƌƌŝŶŐǁŝƚŚƉĞĂƌůŶĞĐŬůĂĐĞ͕ƉůĂŝŶƚƌƵŶĐĂƟŽŶǀĂƌŝĞƚLJ͕>ĂƟŶůĞŐĞŶĚ ĂŶĚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕s/dKZ//'Zd/͕ƌĞǀ͘ƐƚƌƵĐŬĞŶŵĞĚĂŝůůĞ͕ ĂŶĚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕s/dKZ//'Zd/͕ƌĞǀ͘ƐƚƌƵĐŬĞŶŵĞĚĂŝůůĞ͕ ĐƌŽǁŶĞĚƋƵĂƌƚĞƌĞĚůŽǁƐŚŝĞůĚŽĨĂƌŵƐ͕ĚĂƚĞďĞůŽǁŵŽƌĞƐƉƌĞĂĚŽƵƚĞŝƚŚĞƌƐŝĚĞŽĨ ĐƌŽǁŶĞĚƋƵĂƌƚĞƌĞĚůŽǁƐŚŝĞůĚŽĨĂƌŵƐ͕ĚĂƚĞďĞůŽǁĞŝƚŚĞƌƐŝĚĞŽĨďŽƩŽŵŽĨĨƌĂŵĞ͕ ďŽƩŽŵŽĨĨƌĂŵĞ͕ůĞŐĞŶĚĐŽŵŵĞŶĐĞƐůŽǁĞƌůĞŌǁŝƚŚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕ ůĞŐĞŶĚĐŽŵŵĞŶĐĞƐůŽǁĞƌůĞŌǁŝƚŚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕Z/dEE/ZhD Z/dEE/ZhDZ'/E&/͗&͗ĞĚŐĞŵŝůůĞĚ͕ǁĞŝŐŚƚϯ͘ϵϴŐ;/^,>ϱϭϯ͖DĂƌƐŚ Z'/E&/͗&͗ĞĚŐĞŵŝůůĞĚ͕ǁĞŝŐŚƚϯ͘ϵϵŐ;/^,>ϱϭϲ͖DĂƌƐŚϰϴϭ͖^͘ϯϴϲϵͿ͘ ϰϴϬ͖^͘ϯϴϲϵͿ͘dŽŶĞĚĂďŽůĚǀĞƌLJĮŶĞ͘ £325 dŽŶĞĚǁŝƚŚĂĐŽƵƉůĞŽĨƟŶLJƌŝŵŶŝĐŬƐ͕ĞdžƚƌĞŵĞůLJĮŶĞ͘ £275

27 DISH L518 – Iverson coin 13 DISH S504 – Iverson coin 15 sŝĐƚŽƌŝĂ;ϭϴϯϳͲϭϵϬϭͿ͕ŐŽůĚ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ϭϴϵϯ͕>ŽŶĚŽŶ͕dŽǁĞƌ,ŝůůDŝŶƚ͕'ŽůĚĞŶ sŝĐƚŽƌŝĂ;ϭϴϯϳͲϭϵϬϭͿ͕ŐŽůĚ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ϭϴϴϳ^͕^LJĚŶĞLJDŝŶƚ͕ƵƐƚƌĂůŝĂ͕'ŽůĚĞŶ :ƵďŝůĞĞ ƐƚLJůĞ ďƵƐƚ ĨĂĐŝŶŐ ůĞŌ͕ ĚĞƐŝŐŶĞĚ ďLJ : ĚŐĂƌ ŽĞŚŵ͕ ƐŵĂůů ĐƌŽǁŶ ĂŶĚ ǀĞŝů :ƵďŝůĞĞƐƚLJůĞ ďƵƐƚ ĨĂĐŝŶŐ ůĞŌ͕ ĚĞƐŝŐŶĞĚďLJ : ĚŐĂƌ ŽĞŚŵ͕ ƐŵĂůůĐƌŽǁŶ ĂŶĚǀĞŝů ŽŶŚĞĂĚ͕ƉĞĂƌůĞĂƌƌŝŶŐǁŝƚŚƉĞĂƌůŶĞĐŬůĂĐĞ͕ƉůĂŝŶƚƌƵŶĐĂƟŽŶǀĂƌŝĞƚLJ͕>ĂƟŶůĞŐĞŶĚ ŽŶ ŚĞĂĚ͕ ƉĞĂƌů ĞĂƌƌŝŶŐ ǁŝƚŚ ƉĞĂƌů ŶĞĐŬůĂĐĞ͕ :͘͘͘ ŝŶŝƟĂůƐ ĐůŽƐĞƌ ĂŶĚ ƌĂŝƐĞĚ ŽŶ ĂŶĚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕s/dKZ//'Zd/͕ƌĞǀ͘ƐƚƌƵĐŬĞŶŵĞĚĂŝůůĞ͕ ƚƌƵŶĐĂƟŽŶǁŝƚŚŚŽŽŬĞĚ:͕ĂƌƌĂŶŐĞĚŝŶĂƐƚƌĂŝŐŚƚůŝŶĞǁŝƚŚƚŚĞ:͘ŝŶƚƌƵĚŝŶŐƚŚĞĮĞůĚ͕ ĐƌŽǁŶĞĚƋƵĂƌƚĞƌĞĚůŽǁƐŚŝĞůĚŽĨĂƌŵƐ͕ĚĂƚĞďĞůŽǁĞŝƚŚĞƌƐŝĚĞŽĨďŽƩŽŵŽĨĨƌĂŵĞ͕ ƚŚĞ͘ĂƚƚŚĞũƵŶĐƚƵƌĞŽĨƚƌƵŶĐĂƟŽŶĂŶĚĮĞůĚ͕ƚŚĞĮŶĂůƐƚŽƉŵŽƌĞĚŝƐƚĂŶƚŽŶƚŚĞ ůĞŐĞŶĚĐŽŵŵĞŶĐĞƐůŽǁĞƌůĞŌǁŝƚŚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕Z/dEE/ZhD ƚƌƵŶĐĂƟŽŶ͕>ĂƟŶůĞŐĞŶĚĂŶĚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕s/dKZ//'Zd/͕ Z'/E &/͗ &͗ ĞĚŐĞ ŵŝůůĞĚ͕ ǁĞŝŐŚƚ ϯ͘ϵϳŐ ;/^, >ϱϭϴ͖ DĂƌƐŚ ϰϴϮ͖ ^͘ϯϴϲϵͿ͘ ƌĞǀ͘ƐƚƌƵĐŬĞŶŵĞĚĂŝůůĞ͕ĐƌŽǁŶĞĚƋƵĂƌƚĞƌĞĚŚŝŐŚƐŚŝĞůĚŽĨĂƌŵƐ͕ĚĂƚĞďĞůŽǁĞŝƚŚĞƌ dŽŶĞĚƐŽŵĞůŝŐŚƚƐƵƌĨĂĐĞŵĂƌŬƐĂŶĚŚĂŝƌůŝŶĞƐ͕ǀĞƌLJĮŶĞ͕ƌĞǀĞƌƐĞďĞƩĞƌ͕ƌĂƌĞ͕ƚŚĞ ƐŝĚĞŽĨďŽƩŽŵŽĨĨƌĂŵĞ͕ŵŝŶƚŵĂƌŬůĞƩĞƌ^ĚŝƌĞĐƚůLJďĞůŽǁĨƌĂŵĞĂƚďŽƌĚĞƌƚĞĞƚŚ͕ ŽŶůLJ>ŽŶĚŽŶ:ƵďŝůĞĞŚĞĂĚĚĞŶŽŵŝŶĂƟŽŶĚĂƚĞĚϭϴϵϯ͘ £500 ůĞŐĞŶĚĐŽŵŵĞŶĐĞƐůŽǁĞƌůĞŌǁŝƚŚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕Z/dEE/ZhD Z'/E&/͗&͗ĞĚŐĞŵŝůůĞĚ͕ǁĞŝŐŚƚϰ͘ϬϭŐ;/^,^ϱϬϰZϰ͖DĂƌƐŚϰϴϱ͖^͘ϯϴϳϭͿ͘ >ŝŐŚƚůLJƚŽŶĞĚ͕ƐŽŵĞůŝŐŚƚŚĂŝƌůŝŶĞƐ͕ĞdžƚƌĞŵĞůLJĮŶĞĂŶĚĞdžƚƌĞŵĞůLJƌĂƌĞ͘ £1,250

dŚŝƐƉŝĞĐĞǁĂƐƉƌĞǀŝŽƵƐůLJƐůĂďďĞĚĂŶĚŐƌĂĚĞĚďLJW'^ĂƐD^ϲϮƵŶĚĞƌĐĞƌƟĮĐĂƟŽŶ ŶƵŵďĞƌϭϳϭϳϴϴ͘ϲϮͬϯϰϵϰϬϰϰϰ͘

DISH S503 – Iverson coin 14 DISH S505 – Iverson coin 16 sŝĐƚŽƌŝĂ;ϭϴϯϳͲϭϵϬϭͿ͕ŐŽůĚ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ϭϴϴϳ^͕^LJĚŶĞLJDŝŶƚ͕ƵƐƚƌĂůŝĂ͕'ŽůĚĞŶ sŝĐƚŽƌŝĂ;ϭϴϯϳͲϭϵϬϭͿ͕ŐŽůĚ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ϭϴϴϳ^͕^LJĚŶĞLJDŝŶƚ͕ƵƐƚƌĂůŝĂ͕'ŽůĚĞŶ :ƵďŝůĞĞ ƐƚLJůĞ ďƵƐƚ ĨĂĐŝŶŐ ůĞŌ͕ ĚĞƐŝŐŶĞĚ ďLJ : ĚŐĂƌ ŽĞŚŵ͕ ƐŵĂůů ĐƌŽǁŶ ĂŶĚ ǀĞŝů :ƵďŝůĞĞƐƚLJůĞďƵƐƚĨĂĐŝŶŐůĞŌ͕ĚĞƐŝŐŶĞĚďLJ:ĚŐĂƌŽĞŚŵ͕ƐŵĂůůĐƌŽǁŶĂŶĚǀĞŝůŽŶ ŽŶ ŚĞĂĚ͕ ƉĞĂƌů ĞĂƌƌŝŶŐ ǁŝƚŚ ƉĞĂƌů ŶĞĐŬůĂĐĞ͕ :͘͘͘ ŝŶŝƟĂůƐ ƐƉƌĞĂĚ ĂŶĚ ƌĂŝƐĞĚ ŽŶ ŚĞĂĚ͕ƉĞĂƌůĞĂƌƌŝŶŐǁŝƚŚƉĞĂƌůŶĞĐŬůĂĐĞ͕:͘͘͘ŝŶŝƟĂůƐŵŽƌĞƐƉƌĞĂĚĂŶĚƌĂŝƐĞĚŽŶ ƚƌƵŶĐĂƟŽŶǁŝƚŚŚŽŽŬĞĚ:͕ĂƌƌĂŶŐĞĚŝŶĂƐůŝŐŚƚĂƌĐǁŝƚŚƚŚĞ͘ĨƵƌƚŚĞƌĂǁĂLJĨƌŽŵƚŚĞ ƚƌƵŶĐĂƟŽŶǁŝƚŚŚŽŽŬĞĚ:͕ĂƌƌĂŶŐĞĚŝŶĂŶĞĂƌƐƚƌĂŝŐŚƚůŝŶĞǁŝƚŚƚŚĞ͘ŝŶƚƌƵĚŝŶŐƚŚĞ :͕͘͘ĂůůƵƉŽŶƚŚĞƚƌƵŶĐĂƟŽŶŽƌĂƚƚŚĞũƵŶĐƚƵƌĞŽĨƚƌƵŶĐĂƟŽŶĂŶĚĮĞůĚ͕>ĂƟŶůĞŐĞŶĚ ĮĞůĚ͕ƚŚĞ:͘͘ĂƚƚŚĞũƵŶĐƚƵƌĞŽĨƚƌƵŶĐĂƟŽŶĂŶĚĮĞůĚ͕ƚŚĞ͘ŵŽƌĞĚŝƐƚĂŶƚĨƌŽŵ ĂŶĚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕s/dKZ//'Zd/͕ƌĞǀ͘ƐƚƌƵĐŬĞŶŵĞĚĂŝůůĞ͕ ƚŚĞ:͕͘͘>ĂƟŶůĞŐĞŶĚĂŶĚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕s/dKZ//'Zd/͕ ĐƌŽǁŶĞĚƋƵĂƌƚĞƌĞĚŚŝŐŚƐŚŝĞůĚŽĨĂƌŵƐ͕ĚĂƚĞďĞůŽǁĞŝƚŚĞƌƐŝĚĞŽĨďŽƩŽŵŽĨĨƌĂŵĞ͕ ƌĞǀ͘ƐƚƌƵĐŬĞŶŵĞĚĂŝůůĞ͕ĐƌŽǁŶĞĚƋƵĂƌƚĞƌĞĚŚŝŐŚƐŚŝĞůĚŽĨĂƌŵƐ͕ĚĂƚĞďĞůŽǁĞŝƚŚĞƌ ŵŝŶƚŵĂƌŬůĞƩĞƌ^ĚŝƌĞĐƚůLJďĞůŽǁĨƌĂŵĞĂƚďŽƌĚĞƌƚĞĞƚŚ͕ůĞŐĞŶĚĐŽŵŵĞŶĐĞƐůŽǁĞƌ ƐŝĚĞŽĨďŽƩŽŵŽĨĨƌĂŵĞ͕ŵŝŶƚŵĂƌŬůĞƩĞƌ^ĚŝƌĞĐƚůLJďĞůŽǁĨƌĂŵĞĂƚďŽƌĚĞƌƚĞĞƚŚ͕ ůĞŌ ǁŝƚŚ ƚŽŽƚŚĞĚ ďŽƌĚĞƌ ƐƵƌƌŽƵŶĚŝŶŐ͕ Z/dEE/ZhD Z'/E &/͗ &͗ ĞĚŐĞ ůĞŐĞŶĚĐŽŵŵĞŶĐĞƐůŽǁĞƌůĞŌǁŝƚŚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕Z/dEE/ZhD ŵŝůůĞĚ͕ǁĞŝŐŚƚϯ͘ϵϵŐ;/^,^ϱϬϯZϮ͖DĂƌƐŚϰϴϱ͖^͘ϯϴϳϭͿ͘dŽŶĞĚǀĞƌLJĮŶĞ͕ƌĞǀĞƌƐĞ Z'/E&/͗&͗ĞĚŐĞŵŝůůĞĚ͕ǁĞŝŐŚƚϰ͘ϬϬŐ;/^,^ϱϬϱZϰ͖DĂƌƐŚϰϴϱ͖^͘ϯϴϳϭͿ͘ ŐŽŽĚǀĞƌLJĮŶĞ͕ǀĞƌLJƌĂƌĞ͘ £650 >ŝŐŚƚůLJƚŽŶĞĚ͕ƐŽŵĞůŝŐŚƚŚĂŝƌůŝŶĞƐ͕ƉƌŽŽĨͲůŝŬĞĞdžƚƌĞŵĞůLJĮŶĞĂŶĚĞdžƚƌĞŵĞůLJƌĂƌĞ͘  £1,350 dŚŝƐƉŝĞĐĞǁĂƐƉƌĞǀŝŽƵƐůLJƐůĂďďĞĚĂŶĚŐƌĂĚĞĚďLJ'^h<ĂƐs&ϱϬǀĂƌŝĞƚLJ,^sϭ ϭϴϴϳ͘ϬϴŶƵŵďĞƌϬϬϭϴϲϳϰ͘ dŚŝƐƉŝĞĐĞǁĂƐƉƌĞǀŝŽƵƐůLJƐůĂďďĞĚĂŶĚŐƌĂĚĞĚďLJW'^ĂƐD^ϲϮƵŶĚĞƌĐĞƌƟĮĐĂƟŽŶ 28 ŶƵŵďĞƌϭϳϭϳϴϴ͘ϲϮͬϯϰϭϰϯϲϭϮ͘ DISH S507 – Iverson coin 17 DISH S509 – Iverson coin 19 sŝĐƚŽƌŝĂ;ϭϴϯϳͲϭϵϬϭͿ͕ŐŽůĚ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ϭϴϴϵ^͕^LJĚŶĞLJDŝŶƚ͕ƵƐƚƌĂůŝĂ͕'ŽůĚĞŶ sŝĐƚŽƌŝĂ;ϭϴϯϳͲϭϵϬϭͿ͕ŐŽůĚ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ϭϴϵϭ^͕^LJĚŶĞLJDŝŶƚ͕ƵƐƚƌĂůŝĂ͕'ŽůĚĞŶ :ƵďŝůĞĞ ƐƚLJůĞ ďƵƐƚ ĨĂĐŝŶŐ ůĞŌ͕ ĚĞƐŝŐŶĞĚ ďLJ : ĚŐĂƌ ŽĞŚŵ͕ ƐŵĂůů ĐƌŽǁŶ ĂŶĚ ǀĞŝů :ƵďŝůĞĞƐƚLJůĞ ďƵƐƚ ĨĂĐŝŶŐ ůĞŌ͕ ĚĞƐŝŐŶĞĚďLJ : ĚŐĂƌ ŽĞŚŵ͕ ƐŵĂůůĐƌŽǁŶ ĂŶĚǀĞŝů ŽŶ ŚĞĂĚ͕ ƉĞĂƌů ĞĂƌƌŝŶŐ ǁŝƚŚ ƉĞĂƌů ŶĞĐŬůĂĐĞ͕ /͘͘͘ ŝŶŝƟĂůƐ ĐůŽƐĞ ƚŽŐĞƚŚĞƌ ƌĂŝƐĞĚ ŽŶ ŚĞĂĚ͕ ƉĞĂƌů ĞĂƌƌŝŶŐ ǁŝƚŚ ƉĞĂƌů ŶĞĐŬůĂĐĞ͕ /͘͘͘ ŝŶŝƟĂůƐ ĐůŽƐĞ ƚŽŐĞƚŚĞƌ ƌĂŝƐĞĚ ŽŶ ƚƌƵŶĐĂƟŽŶ ǁŝƚŚ ŝŵƉĞƌĨĞĐƚ :͕ >ĂƟŶ ůĞŐĞŶĚ ĂŶĚ ƚŽŽƚŚĞĚ ďŽƌĚĞƌ ƐƵƌƌŽƵŶĚŝŶŐ͕ ŽŶ ƚƌƵŶĐĂƟŽŶ ǁŝƚŚ ŝŵƉĞƌĨĞĐƚ :͕ >ĂƟŶ ůĞŐĞŶĚ ĂŶĚ ƚŽŽƚŚĞĚ ďŽƌĚĞƌ ƐƵƌƌŽƵŶĚŝŶŐ͕ s/dKZ//'Zd/͕ƌĞǀ͘ƐƚƌƵĐŬĞŶŵĞĚĂŝůůĞ͕ĐƌŽǁŶĞĚƋƵĂƌƚĞƌĞĚůŽǁƐŚŝĞůĚŽĨ s/dKZ//'Zd/͕ƌĞǀ͘ƐƚƌƵĐŬĞŶŵĞĚĂŝůůĞ͕ĐƌŽǁŶĞĚƋƵĂƌƚĞƌĞĚŚŝŐŚƐŚŝĞůĚŽĨ ĂƌŵƐ͕ĚĂƚĞďĞůŽǁŵŽƌĞƐƉƌĞĂĚŽƵƚĞŝƚŚĞƌƐŝĚĞŽĨďŽƩŽŵŽĨĨƌĂŵĞ͕ŵŝŶƚŵĂƌŬůĞƩĞƌ ĂƌŵƐ͕ĚĂƚĞďĞůŽǁŵŽƌĞƐƉƌĞĂĚŽƵƚĞŝƚŚĞƌƐŝĚĞŽĨďŽƩŽŵŽĨĨƌĂŵĞ͕ŵŝŶƚŵĂƌŬůĞƩĞƌ ^ĚŝƌĞĐƚůLJďĞůŽǁĨƌĂŵĞĂƚďŽƌĚĞƌƚĞĞƚŚ͕ůĞŐĞŶĚĐŽŵŵĞŶĐĞƐůŽǁĞƌůĞŌǁŝƚŚƚŽŽƚŚĞĚ ^ĚŝƌĞĐƚůLJďĞůŽǁĨƌĂŵĞĂƚďŽƌĚĞƌƚĞĞƚŚ͕ůĞŐĞŶĚĐŽŵŵĞŶĐĞƐůŽǁĞƌůĞŌǁŝƚŚƚŽŽƚŚĞĚ ďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕Z/dEE/ZhDZ'/E&/͗&͗ĞĚŐĞŵŝůůĞĚ͕ǁĞŝŐŚƚϯ͘ϵϵŐ ďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕Z/dEE/ZhDZ'/E&/͗&͗ĞĚŐĞŵŝůůĞĚ͕ǁĞŝŐŚƚϯ͘ϵϰŐ ;/^,^ϱϬϳZϯ͖DĂƌƐŚϰϴϲ͖^͘ϯϴϳϭͿ͘>ŝŐŚƚůLJƚŽŶĞĚ͕ŽŶĐĞƉŽůŝƐŚĞĚ͕ƐŽŵĞƐƵƌĨĂĐĞ ;/^,^ϱϬϵZϰ͖DĂƌƐŚϰϴϳ͖^͘ϯϴϳϭͿ͘KŶĐĞĐůĞĂŶĞĚ͕ĂůŵŽƐƚǀĞƌLJĮŶĞĂŶĚƌĂƌĞ͘  ŵĂƌŬƐ͕ĂůŵŽƐƚǀĞƌLJĮŶĞ͕ƌĂƌĞ͘ £650 £650

DISH S508 – Iverson coin 18 DISH M501 – Iverson coin 20 sŝĐƚŽƌŝĂ;ϭϴϯϳͲϭϵϬϭͿ͕ŐŽůĚ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ϭϴϵϭ^͕^LJĚŶĞLJDŝŶƚ͕ƵƐƚƌĂůŝĂ͕'ŽůĚĞŶ sŝĐƚŽƌŝĂ ;ϭϴϯϳͲϭϵϬϭͿ͕ ŐŽůĚ ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ ϭϴϴϳ D͕ DĞůďŽƵƌŶĞ DŝŶƚ͕ ƵƐƚƌĂůŝĂ͕ :ƵďŝůĞĞ ƐƚLJůĞ ďƵƐƚ ĨĂĐŝŶŐ ůĞŌ͕ ĚĞƐŝŐŶĞĚ ďLJ : ĚŐĂƌ ŽĞŚŵ͕ ƐŵĂůů ĐƌŽǁŶ ĂŶĚ ǀĞŝů 'ŽůĚĞŶ:ƵďŝůĞĞƐƚLJůĞďƵƐƚĨĂĐŝŶŐůĞŌ͕ĚĞƐŝŐŶĞĚďLJ:ĚŐĂƌŽĞŚŵ͕ƐŵĂůůĐƌŽǁŶĂŶĚ ŽŶŚĞĂĚ͕ƉĞĂƌůĞĂƌƌŝŶŐǁŝƚŚƉĞĂƌůŶĞĐŬůĂĐĞ͕ƉůĂŝŶƚƌƵŶĐĂƟŽŶǀĂƌŝĞƚLJ͕>ĂƟŶůĞŐĞŶĚ ǀĞŝůŽŶŚĞĂĚ͕ƉĞĂƌůĞĂƌƌŝŶŐǁŝƚŚƉĞĂƌůŶĞĐŬůĂĐĞ͕:͘͘͘ŝŶŝƟĂůƐƐƉƌĞĂĚĂŶĚƌĂŝƐĞĚůŽǁ ĂŶĚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕s/dKZ//'Zd/͕ƌĞǀ͘ƐƚƌƵĐŬĞŶŵĞĚĂŝůůĞ͕ ŽŶƚƌƵŶĐĂƟŽŶǁŝƚŚŚŽŽŬĞĚ:͕ĂƌƌĂŶŐĞĚŝŶĂƐůŝŐŚƚĂƌĐǁŝƚŚƚŚĞ:͘ĂƚƚŚĞũƵŶĐƚƵƌĞ ĐƌŽǁŶĞĚƋƵĂƌƚĞƌĞĚŚŝŐŚƐŚŝĞůĚŽĨĂƌŵƐ͕ĚĂƚĞďĞůŽǁŵŽƌĞƐƉƌĞĂĚŽƵƚĞŝƚŚĞƌƐŝĚĞŽĨ ŽĨƚƌƵŶĐĂƟŽŶĂŶĚĮĞůĚ͕ƚŚĞ͘͘ĨŽůůŽǁŝŶŐŝŶƚƌƵĚĞƐƚŚĞĮĞůĚďĞůŽǁ͕>ĂƟŶůĞŐĞŶĚ ďŽƩŽŵŽĨĨƌĂŵĞ͕ŵŝŶƚŵĂƌŬůĞƩĞƌ^ĚŝƌĞĐƚůLJďĞůŽǁĨƌĂŵĞĂƚďŽƌĚĞƌƚĞĞƚŚ͕ůĞŐĞŶĚ ĂŶĚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕s/dKZ//'Zd/͕ƌĞǀ͘ƐƚƌƵĐŬĞŶŵĞĚĂŝůůĞ͕ ĐŽŵŵĞŶĐĞƐůŽǁĞƌůĞŌǁŝƚŚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕Z/dEE/ZhDZ'/E ĐƌŽǁŶĞĚƋƵĂƌƚĞƌĞĚŚŝŐŚƐŚŝĞůĚŽĨĂƌŵƐ͕ĚĂƚĞďĞůŽǁĞŝƚŚĞƌƐŝĚĞŽĨďŽƩŽŵŽĨĨƌĂŵĞ͕ &/͗&͗ĞĚŐĞŵŝůůĞĚ͕ǁĞŝŐŚƚϯ͘ϵϵŐ;/^,^ϱϬϴZϮ͖DĂƌƐŚϰϴϳ͖^͘ϯϴϳϭͿ͘dŽŶĞĚ͕ ŵŝŶƚŵĂƌŬůĞƩĞƌDĚŝƌĞĐƚůLJďĞůŽǁĨƌĂŵĞĂƚďŽƌĚĞƌƚĞĞƚŚ͕ůĞŐĞŶĚĐŽŵŵĞŶĐĞƐůŽǁĞƌ ĂůŵŽƐƚĞdžƚƌĞŵĞůLJĮŶĞĂŶĚƌĂƌĞ͘ £650 ůĞŌ ǁŝƚŚ ƚŽŽƚŚĞĚ ďŽƌĚĞƌ ƐƵƌƌŽƵŶĚŝŶŐ͕ Z/dEE/ZhD Z'/E &/͗ &͗ ĞĚŐĞ ŵŝůůĞĚ͕ǁĞŝŐŚƚϯ͘ϵϵŐ;/^,DϱϬϭZϰ͖DĂƌƐŚϰϴϯ͖^͘ϯϴϳϬͿ͘dŽŶĞĚĞdžƚƌĞŵĞůLJĮŶĞ dŚŝƐ ƉŝĞĐĞ ǁĂƐ ƉƌĞǀŝŽƵƐůLJ ƐůĂďďĞĚ ĂŶĚ ŐƌĂĚĞĚ ďLJ '^ h< ĂƐ Ă ϲϱ ǀĂƌŝĞƚLJ ,^sϭ ĂŶĚĞdžƚƌĞŵĞůLJƌĂƌĞ͘ £1,250 ϭϴϵϭ͘ϬϰŶƵŵďĞƌϬϬϭϴϲϳϱ͘ 29 DISH M502 – Iverson coin 21 DISH M504 – Iverson coin 23 sŝĐƚŽƌŝĂ ;ϭϴϯϳͲϭϵϬϭͿ͕ ŐŽůĚ ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ ϭϴϴϳ D͕ DĞůďŽƵƌŶĞ DŝŶƚ͕ ƵƐƚƌĂůŝĂ͕ sŝĐƚŽƌŝĂ ;ϭϴϯϳͲϭϵϬϭͿ͕ ŐŽůĚ ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ ϭϴϴϳ D͕ DĞůďŽƵƌŶĞ DŝŶƚ͕ ƵƐƚƌĂůŝĂ͕ 'ŽůĚĞŶ:ƵďŝůĞĞƐƚLJůĞďƵƐƚĨĂĐŝŶŐůĞŌ͕ĚĞƐŝŐŶĞĚďLJ:ĚŐĂƌŽĞŚŵ͕ƐŵĂůůĐƌŽǁŶĂŶĚ 'ŽůĚĞŶ:ƵďŝůĞĞƐƚLJůĞďƵƐƚĨĂĐŝŶŐůĞŌ͕ĚĞƐŝŐŶĞĚďLJ:ĚŐĂƌŽĞŚŵ͕ƐŵĂůůĐƌŽǁŶĂŶĚ ǀĞŝůŽŶŚĞĂĚ͕ƉĞĂƌůĞĂƌƌŝŶŐǁŝƚŚƉĞĂƌůŶĞĐŬůĂĐĞ͕:͘͘͘ŝŶŝƟĂůƐƐƉƌĞĂĚĂŶĚƌĂŝƐĞĚŽŶ ǀĞŝůŽŶŚĞĂĚ͕ƉĞĂƌůĞĂƌƌŝŶŐǁŝƚŚƉĞĂƌůŶĞĐŬůĂĐĞ͕:͘͘͘ŝŶŝƟĂůƐƐƉƌĞĂĚĂŶĚƌĂŝƐĞĚ ƚƌƵŶĐĂƟŽŶǁŝƚŚŚŽŽŬĞĚ:͕ĂƌƌĂŶŐĞĚŝŶĂƐůŝŐŚƚĂƌĐǁŝƚŚƚŚĞĮŶĂůƐƚŽƉũƵƐƚŝŶƚƌƵĚŝŶŐ ŽŶ ƚƌƵŶĐĂƟŽŶ ǁŝƚŚ ŚŽŽŬĞĚ :͕ ĂƌƌĂŶŐĞĚ ŝŶ Ă ƐƚƌĂŝŐŚƚ ůŝŶĞ ĂůŽŶŐ ƚŚĞ ũƵŶĐƚƵƌĞ ŽĨ ƚŚĞ ĮĞůĚ ďĞůŽǁ͕ >ĂƟŶ ůĞŐĞŶĚ ĂŶĚ ƚŽŽƚŚĞĚ ďŽƌĚĞƌ ƐƵƌƌŽƵŶĚŝŶŐ͕ s/dKZ/ / ƚŚĞ ƚƌƵŶĐĂƟŽŶ ĂŶĚ ƚŚĞ ĮĞůĚ͕ ǁŝƚŚ ƚŚĞ ĮŶĂů ƐƚŽƉ ũƵƐƚ ŝŶƚƌƵĚŝŶŐ ƚŚĞ ĮĞůĚ ďĞůŽǁ͕ 'Zd/͕ƌĞǀ͘ƐƚƌƵĐŬĞŶŵĞĚĂŝůůĞ͕ĐƌŽǁŶĞĚƋƵĂƌƚĞƌĞĚŚŝŐŚƐŚŝĞůĚŽĨĂƌŵƐ͕ĚĂƚĞďĞůŽǁ >ĂƟŶůĞŐĞŶĚĂŶĚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕s/dKZ//'Zd/͕ƌĞǀ͘ƐƚƌƵĐŬ ĞŝƚŚĞƌƐŝĚĞŽĨďŽƩŽŵŽĨĨƌĂŵĞ͕ŵŝŶƚŵĂƌŬůĞƩĞƌDĚŝƌĞĐƚůLJďĞůŽǁĨƌĂŵĞĂƚďŽƌĚĞƌ ĞŶŵĞĚĂŝůůĞ͕ĐƌŽǁŶĞĚƋƵĂƌƚĞƌĞĚŚŝŐŚƐŚŝĞůĚŽĨĂƌŵƐ͕ĚĂƚĞďĞůŽǁĞŝƚŚĞƌƐŝĚĞŽĨ ƚĞĞƚŚ͕ůĞŐĞŶĚĐŽŵŵĞŶĐĞƐůŽǁĞƌůĞŌǁŝƚŚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕Z/dE- ďŽƩŽŵŽĨĨƌĂŵĞ͕ŵŝŶƚŵĂƌŬůĞƩĞƌDĚŝƌĞĐƚůLJďĞůŽǁĨƌĂŵĞĂƚďŽƌĚĞƌƚĞĞƚŚ͕ůĞŐĞŶĚ E/ZhDZ'/E&/͗&͗ĞĚŐĞŵŝůůĞĚ͕ǁĞŝŐŚƚϰ͘ϬϭŐ;/^,DϱϬϮZϰ͖DĂƌƐŚϰϴϯ͖ ĐŽŵŵĞŶĐĞƐůŽǁĞƌůĞŌǁŝƚŚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕Z/dEE/ZhDZ'/E ^͘ϯϴϳϬͿ͘WƌŽŽĨͲůŝŬĞƚŚŽƵŐŚĂůŝƩůĞƐĐƵīĞĚǁŝƚŚŚĂŝƌůŝŶĞƐ͕ŽƚŚĞƌǁŝƐĞĞdžƚƌĞŵĞůLJĮŶĞ &/͗&͗ĞĚŐĞŵŝůůĞĚ͕ǁĞŝŐŚƚϯ͘ϵϴŐ;/^,DϱϬϯZϰ͖DĂƌƐŚϰϴϯ͖^͘ϯϴϳϬͿ͘ZĞƚĂŝŶŝŶŐ ĂŶĚĞdžƚƌĞŵĞůLJƌĂƌĞ͘ £1,350 ĂůŝƩůĞďƌŝůůŝĂŶĐĞ͕ǁŝƚŚƐƵƌĨĂĐĞŵĂƌŬƐ͕ŐŽŽĚǀĞƌLJĮŶĞĂŶĚĞdžƚƌĞŵĞůLJƌĂƌĞ͘ £950

DISH M505 – Iverson coin 24 DISH M503 – Iverson coin 22 sŝĐƚŽƌŝĂ ;ϭϴϯϳͲϭϵϬϭͿ͕ ŐŽůĚ ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ ϭϴϴϳ D͕ DĞůďŽƵƌŶĞ DŝŶƚ͕ ƵƐƚƌĂůŝĂ͕ sŝĐƚŽƌŝĂ ;ϭϴϯϳͲϭϵϬϭͿ͕ ŐŽůĚ ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ ϭϴϴϳ D͕ DĞůďŽƵƌŶĞ DŝŶƚ͕ ƵƐƚƌĂůŝĂ͕ 'ŽůĚĞŶ :ƵďŝůĞĞ ƐƚLJůĞ ďƵƐƚ ĨĂĐŝŶŐ ůĞŌ͕ ĚĞƐŝŐŶĞĚ ďLJ : ĚŐĂƌ ŽĞŚŵ͕ ƐŵĂůů ĐƌŽǁŶ 'ŽůĚĞŶ:ƵďŝůĞĞƐƚLJůĞďƵƐƚĨĂĐŝŶŐůĞŌ͕ĚĞƐŝŐŶĞĚďLJ:ĚŐĂƌŽĞŚŵ͕ƐŵĂůůĐƌŽǁŶĂŶĚ ĂŶĚ ǀĞŝů ŽŶ ŚĞĂĚ͕ ƉĞĂƌů ĞĂƌƌŝŶŐ ǁŝƚŚ ƉĞĂƌů ŶĞĐŬůĂĐĞ͕ :͘͘͘ ŝŶŝƟĂůƐ ĐůŽƐĞ ĂŶĚ ǀĞŝů ŽŶ ŚĞĂĚ͕ ƉĞĂƌů ĞĂƌƌŝŶŐ ǁŝƚŚ ƉĞĂƌů ŶĞĐŬůĂĐĞ͕ :͘͘͘ ŝŶŝƟĂůƐ ƐƉƌĞĂĚ ĂŶĚ ƌĂŝƐĞĚ ƌĂŝƐĞĚŽŶƚƌƵŶĐĂƟŽŶǁŝƚŚŚŽŽŬĞĚ:͕ĂƌƌĂŶŐĞĚŝŶĂƐůŝŐŚƚĂƌĐ͕:͘ŽŶƚŚĞũƵŶĐƚƵƌĞ ŽŶ ƚƌƵŶĐĂƟŽŶǁŝƚŚŚŽŽŬĞĚ:͕ĂƌƌĂŶŐĞĚ ŝŶĂ ƐůŝŐŚƚ ĂƌĐ ǁŝƚŚƚŚĞĐĞŶƚƌĂů ƐƚŽƉ ũƵƐƚ ŽĨƚŚĞƚƌƵŶĐĂƟŽŶǁŝƚŚƚŚĞĮĞůĚ͕ƚŚĞ͘͘ŝŶƚƌƵĚŝŶŐƚŚĞĮĞůĚďĞůŽǁ͕ƚŚĞ:ƋƵŝƚĞƚĂůů͕ ŝŶƚƌƵĚŝŶŐƚŚĞĮĞůĚďĞůŽǁ͕>ĂƟŶůĞŐĞŶĚĂŶĚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕s/dKZ/ >ĂƟŶůĞŐĞŶĚĂŶĚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕s/dKZ//'Zd/͕ƌĞǀ͘ƐƚƌƵĐŬ /'Zd/͕ƌĞǀ͘ƐƚƌƵĐŬĞŶŵĞĚĂŝůůĞ͕ĐƌŽǁŶĞĚƋƵĂƌƚĞƌĞĚŚŝŐŚƐŚŝĞůĚŽĨĂƌŵƐ͕ĚĂƚĞ ĞŶŵĞĚĂŝůůĞ͕ĐƌŽǁŶĞĚƋƵĂƌƚĞƌĞĚŚŝŐŚƐŚŝĞůĚŽĨĂƌŵƐ͕ĚĂƚĞďĞůŽǁĞŝƚŚĞƌƐŝĚĞŽĨ ďĞůŽǁĞŝƚŚĞƌƐŝĚĞŽĨďŽƩŽŵŽĨĨƌĂŵĞ͕ŵŝŶƚŵĂƌŬůĞƩĞƌDĚŝƌĞĐƚůLJďĞůŽǁĨƌĂŵĞ ďŽƩŽŵŽĨĨƌĂŵĞ͕ŵŝŶƚŵĂƌŬůĞƩĞƌDĚŝƌĞĐƚůLJďĞůŽǁĨƌĂŵĞĂƚďŽƌĚĞƌƚĞĞƚŚ͕ůĞŐĞŶĚ ĂƚďŽƌĚĞƌƚĞĞƚŚ͕ůĞŐĞŶĚĐŽŵŵĞŶĐĞƐůŽǁĞƌůĞŌǁŝƚŚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕ ĐŽŵŵĞŶĐĞƐůŽǁĞƌůĞŌǁŝƚŚƚŽŽƚŚĞĚďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕Z/dEE/ZhDZ'/E Z/dEE/ZhDZ'/E&/͗&͗ĞĚŐĞŵŝůůĞĚ͕ǁĞŝŐŚƚϯ͘ϵϴŐ;/^,DϱϬϯZϰ͖DĂƌƐŚ &/͗&͗ĞĚŐĞŵŝůůĞĚ͕ǁĞŝŐŚƚϯ͘ϵϵŐ;/^,DϱϬϱZϰ͖DĂƌƐŚϰϴϯ͖^͘ϯϴϳϬͿ͘>ŝŐŚƚůLJ ϰϴϯ͖ ^͘ϯϴϳϬͿ͘  ůŝƩůĞ ƉƌŽŽĨͲůŝŬĞ ƚŚŽƵŐŚ Ă ůŝƩůĞ ƐĐƵīĞĚ ǁŝƚŚ ŚĂŝƌůŝŶĞƐ͕ ŽƚŚĞƌǁŝƐĞ ƚŽŶĞĚǁŝƚŚĂůŝƩůĞƵŶĚĞƌůLJŝŶŐďƌŝůůŝĂŶĐĞ͕ƐŽŵĞŶŝĐŬƐĂŶĚƐƵƌĨĂĐĞŵĂƌŬƐ͕ŽƚŚĞƌǁŝƐĞ £1,250 ĞdžƚƌĞŵĞůLJĮŶĞĂŶĚĞdžƚƌĞŵĞůLJƌĂƌĞ͘ ĂůŵŽƐƚĞdžƚƌĞŵĞůLJĮŶĞĂŶĚĞdžƚƌĞŵĞůLJƌĂƌĞ͘ £1,000 30 Synopsis The Iverson Collection

DISH NUMBERS BY MINT COIN NUMBER DISH NUMBER LONDON 18 SYDNEY 9 LONDON DISH M506 – Iverson coin 25 MELBOURNE 7 1 L.501 2 L.502 sŝĐƚŽƌŝĂ ;ϭϴϯϳͲϭϵϬϭͿ͕ ŐŽůĚ ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ ϭϴϴϳ D͕ DĞůďŽƵƌŶĞ DŝŶƚ͕ ƵƐƚƌĂůŝĂ͕ TOTAL 34 3 L.503 'ŽůĚĞŶ :ƵďŝůĞĞ ƐƚLJůĞ ďƵƐƚ ĨĂĐŝŶŐ ůĞŌ͕ ĚĞƐŝŐŶĞĚ ďLJ : ĚŐĂƌ ŽĞŚŵ͕ ƐŵĂůů ĐƌŽǁŶ 4 L.504 ĂŶĚǀĞŝůŽŶŚĞĂĚ͕ƉĞĂƌůĞĂƌƌŝŶŐǁŝƚŚƉĞĂƌůŶĞĐŬůĂĐĞ͕:͘͘͘ŝŶŝƟĂůƐĐůŽƐĞĂŶĚƌĂŝƐĞĚ THE IVERSON COLLECTION 26 5 L.505 ŽŶƚƌƵŶĐĂƟŽŶǁŝƚŚŚŽŽŬĞĚ:͕ĂƌƌĂŶŐĞĚŝŶĂƐƚƌĂŝŐŚƚůŝŶĞĂůŽŶŐƚŚĞũƵŶĐƚƵƌĞŽĨƚŚĞ MISSING FROM COLLECTION 5 6 L.508 ƚƌƵŶĐĂƟŽŶ ĂŶĚƚŚĞ ĮĞůĚ͕ ƚŚĞ  ŽŶůLJ ŝŶƚƌƵĚŝŶŐƚŚĞ ĮĞůĚ ďĞůŽǁ͕ >ĂƟŶůĞŐĞŶĚ ĂŶĚ QUITE LIKELY EXISTS 1 7 L.509 ƚŽŽƚŚĞĚ ďŽƌĚĞƌ ƐƵƌƌŽƵŶĚŝŶŐ͕ s/dKZ/ / 'Zd/͕ ƌĞǀ͘ ƐƚƌƵĐŬ ĞŶ ŵĞĚĂŝůůĞ͕ MIGHT NOT EXIST 2 8 L.511 ĐƌŽǁŶĞĚƋƵĂƌƚĞƌĞĚŚŝŐŚƐŚŝĞůĚŽĨĂƌŵƐ͕ĚĂƚĞďĞůŽǁĞŝƚŚĞƌƐŝĚĞŽĨďŽƩŽŵŽĨĨƌĂŵĞ͕ 9L.512 ŵŝŶƚŵĂƌŬůĞƩĞƌDĚŝƌĞĐƚůLJďĞůŽǁĨƌĂŵĞĂƚďŽƌĚĞƌƚĞĞƚŚ͕ůĞŐĞŶĚĐŽŵŵĞŶĐĞƐůŽǁĞƌ TOTAL OF DISH NUMBERS 34 10 L.513 ůĞŌ ǁŝƚŚ ƚŽŽƚŚĞĚ ďŽƌĚĞƌ ƐƵƌƌŽƵŶĚŝŶŐ͕ Z/dEE/ZhD Z'/E &/͗ &͗ ĞĚŐĞ 11 L.514 ŵŝůůĞĚ͕ǁĞŝŐŚƚϰ͘ϬϬŐ;/^,DϱϬϲZϰ͖DĂƌƐŚϰϴϯ͖^͘ϯϴϳϬͿ͘>ŝŐŚƚůLJƚŽŶĞĚ͕ĂĨĞǁ MISSING FROM COLLECTION 12 L.516 ůŝŐŚƚƐƵƌĨĂĐĞŵĂƌŬƐ͕ĞdžƚƌĞŵĞůLJĮŶĞĂŶĚĞdžƚƌĞŵĞůLJƌĂƌĞ͘ £1,250 L.506 13 L.518 L.517 S.501 SYDNEY S.502 14 S.503 S.506 15 S.504 16 S.505 QUITE LIKELY EXISTS 17 S.507 L.507 18 S.508 19 S.509 MIGHT NOT EXIST L.510 MELBOURNE DISH M507 – Iverson coin 26 L.515 20 M.501 sŝĐƚŽƌŝĂ ;ϭϴϯϳͲϭϵϬϭͿ͕ ŐŽůĚ ,ĂůĨͲ^ŽǀĞƌĞŝŐŶ͕ ϭϴϵϯ D͕ DĞůďŽƵƌŶĞ DŝŶƚ͕ ƵƐƚƌĂůŝĂ͕ 21 M.502 'ŽůĚĞŶ:ƵďŝůĞĞƐƚLJůĞďƵƐƚĨĂĐŝŶŐůĞŌ͕ĚĞƐŝŐŶĞĚďLJ:ĚŐĂƌŽĞŚŵ͕ƐŵĂůůĐƌŽǁŶĂŶĚ 22 M.503 ǀĞŝůŽŶŚĞĂĚ͕ƉĞĂƌůĞĂƌƌŝŶŐǁŝƚŚƉĞĂƌůŶĞĐŬůĂĐĞ͕/͘͘͘ŝŶŝƟĂůƐĐůŽƐĞƚŽŐĞƚŚĞƌƌĂŝƐĞĚ 23 M.504 ŽŶ ƚƌƵŶĐĂƟŽŶ ǁŝƚŚ ŝŵƉĞƌĨĞĐƚ :͕ >ĂƟŶ ůĞŐĞŶĚ ĂŶĚ ƚŽŽƚŚĞĚ ďŽƌĚĞƌ ƐƵƌƌŽƵŶĚŝŶŐ͕ 24 M.505 s/dKZ//'Zd/͕ƌĞǀ͘ƐƚƌƵĐŬĞŶŵĞĚĂŝůůĞ͕ĐƌŽǁŶĞĚƋƵĂƌƚĞƌĞĚůŽǁƐŚŝĞůĚŽĨ 25 M.506 ĂƌŵƐ͕ĚĂƚĞďĞůŽǁŵŽƌĞƐƉƌĞĂĚŽƵƚĞŝƚŚĞƌƐŝĚĞŽĨďŽƩŽŵŽĨĨƌĂŵĞ͕ŵŝŶƚŵĂƌŬůĞƩĞƌ 26 M.507 DĚŝƌĞĐƚůLJďĞůŽǁĨƌĂŵĞĂƚďŽƌĚĞƌƚĞĞƚŚ͕ůĞŐĞŶĚĐŽŵŵĞŶĐĞƐůŽǁĞƌůĞŌǁŝƚŚƚŽŽƚŚĞĚ ďŽƌĚĞƌƐƵƌƌŽƵŶĚŝŶŐ͕Z/dEE/ZhDZ'/E&/͗&͗ĞĚŐĞŵŝůůĞĚ͕ǁĞŝŐŚƚϯ͘ϵϲŐ ;/^,DϱϬϳZϮ͖DĂƌƐŚϰϴϰ͖^͘ϯϴϳϬͿ͘dŽŶĞĚǀĞƌLJĮŶĞĂŶĚƌĂƌĞ͘ £475

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