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Ira and Larry Goldberg Auctioneers
Auction 91  7-8 June 2016
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Lot 2959

Starting price: 1500 USD
Price realized: 4400 USD
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Great Britain. Matte Proof Florin, 1927. S.4037; ESC-947 var; KM-834. George V. Obverse modified portrait of George V by Bertram McKennal, GEORGIVS V DEI GRA: BRITT: OMN: REX. Reverse, four cruciform shields with the arms of England, Scotland and Ireland, legend reads: FID DEF IND IMP 1927 ONE FLORIN. Excessively rare. NGC graded Matte Proof 67.
* Accompanied by a cutting from the British 'Daily Telegraph' newspaper of 5 November 1927, featuring images of the 'new coinage.' The 6 new silver coins were introduced late in 1927 and the Crown piece was the first Five Shilling coin produced since 1902. It was also a Proof-only issue which was not intended for general circulation, although from the mintage of 15,030 many inevitably did circulate as currency coins. The 1927 six-coin collection of coins (Crown, halfcrown, florin, shilling, sixpence and threepence) was the first Proof set of coins issued since the 1911 (Coronation) collection.

The reverse designs were new creations by George Kruger Gray (Dec 25 1880-May 2 1943). Kruger Gray provided many of the (mostly heraldic) reverse designs for the British Empire coinage from 1927-1952. The Royal Mint experimented with a small number of matte proofs which were apparently made for photographic purposes. Estimated Value $2,500-UP

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