Riddle/Heathershaw, (1927) One Pound PMG 25
R26. Originally exchangeable for one gold sovereign. If you collect gold sovereigns, a “paper” sovereign, such as this one, is an item of side interest. Paper Money Guaranty (PMG), founded in 2005, is a leading third-party service for grading and authenticating banknotes. Its expert team provides unbiased certification that protects collectors and investors by ensuring accuracy, transparency, and long-term value in the global paper money market. This is a direct conversion of the 70-point PMG grade to the new NGCx 10-point scale, intended to present the grade in a more intuitive format for newer collectors. It is not our personal opinion or an attempt at regrading the banknote to a different standard. To understand how the 70-point scale converts to a 10-point scale, [click here](https://www.ngccoin.com/specialty-services/ngcx-10-point-grading-scale/). R26. Originally exchangeable for one gold sovereign. If you collect gold sovereigns, a “paper” sovereign, such as this one, is an item of side interest.