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Heritage World Coin Auctions
NYINC Signature Sale 3044  3-4 January 2016
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Lot 31363

Estimate: 5000 USD
Price realized: 4600 USD
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New Zealand
British Colony - George VI Proof 1/2 Crown 1940 PR65 NGC, KM14. Commemorating the 100th anniversary of the founding of the colony and the signing of the Treaty of Waitangi. Obv. Bare head left. Rev. Maori figure standing facing, with hands outstretched; sun rays above, city views in background. Attractive mirrored fields, with just a few spots of toning. Extremely rare as a proof, and few grading as high as this gem.Signed in 1840, the Treaty of Waitangi established a formal British colony in New Zealand, while attempting to normalize relations with the Maori. The interpretation of this document was different depending on the point of view, but the British viewed it as granting full authority to govern, while the Maori believed that their right to autonomy would continue. For over a century, the treaty generally outlined the protections for the Maori, but a council was formed in 1975 in order to research any potential breaches upon native rights and suggest avenues of remedy. Despite the mixed interpretations of the treaty, the occasion of its signing is marked by a national holiday in New Zealand, beginning in 1974.Ex. Baldwin's 86, lot 940.

Estimate: 5000-7500 USD
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