The New York Sale
Auction 46  9 Jan 2019
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Lot 1117

Starting price: 34 000 USD
Price realized: 47 000 USD
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Great Britain
Edward VIII (Jan-Dec 1936). Half-silver matte Proof Threepence, 1937, bare head left, HP below for designer T Humphrey Paget, Latin legend and toothed border surrounding, EDWARDVS VIII D: G: BR: OMN: REX, Rev. struck en medaille, three interlinked rings of St Edmund, lower legend THREEPENCE, upper legend :FID: DEF: : IND: IMP: 1937, edge plain (Giordano P5b; cf.Bull 4015 R7; ESC -; S.p.512 note; cf.KM.Pn125). Lightly toned, practically as struck, the only known example with a matt finish, has been graded, slabbed and conserved by NGC as PF62, of the highest rarity thus. Estimate Value $70,000 - UP
Ex Dr Alfred Globus, Stacks, New York Coin Convention Auction, 1st December 1999, lot 1003. Ex Portraits of a Prince, collection of Joseph S Giordano, Spink Auction 206, 21st October 2010, lot 186.
NGC certification 4864279-001. The matte proof coins of this period are of the highest rarity as they were only produced for photographic purposes for internal use within the Mint to go toward promoting the eventual coins to the press when released. As Edward VIII's coinage was never issued it seems only a few individual matte proofs of the smaller denominations, had been produced by the time of the abdication. This coin is therefore unique at the current time and was last sold publicly at auction in Stacks of New York in the late 1990s. For further reading of how the proposed coinage progressed from start till the King's abdication please see "The Proposed Coinage of Edward VIII" by G P Dyer, published by HMSO 1973. Maurice Bull did not list the matte proof for the silver threepence.
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