Watch List notes:

New Zealand, George V (1910-36), Crown, 1935, 'Treaty of Waitangi', crowned bust leftt, rev. Maori chief and Captain Hobson shaking hands beneath crown (Dav. 433; KM 6), some surface friction and other handling marks, light tone masking surface brilliance, extremely fine or better, rare.
provenance
Gray collection
Purchased 1957, £27.10.0
Estimate: £2000 - £2500