George III (1760-1820), proof two pounds, 1820, lettered edge, laureate head right, reverse St. George and the dragon (S.3784; W&R.179). Good extremely fine, lightly cleaned and brushed with some scuffs. As such this a very affordable example of such an extremely rare pattern.
Companion piece to the pattern 5 pounds of this date, this denomination also exists with either plain or raised lettered edge, indicating the 60th and final year of this long reign. Original called a two-sovereigns, or double sovereign, only 60 pieces total were minted of both edge styles very shortly after the reign technically ended upon the king’s death. Pistrucci’s original design of Saint George slaying the dragon was modified by William Wyon to remove the broken lance from the saint’s hand, replacing it with a sword.