Ira and Larry Goldberg Auctioneers
Auction 110 4-5 Jun 2019
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Great Britain. Matte Proof Scottish Shilling, 1937. ESC-noted as Extremely Rare; KM-853. George VI. Obverse; Bust of King left by Paget. GEORGIVS VI D:G: BR: OMN: REX. Reverse; Scottish lion with sword and sceptre facing, perched on crown, thistle to right, St Andrew's cross to left. Date to sides. Above: FID: DEF IND: IMP. Designer's initials K and G (Kruger Gray) to lower left and right of lion. Edge reeded. A superb mint state matte specimen with strong detail and crisp edge. NGC graded Matte Proof 65. Estimate Value $1,500 - UP
*1937 was the first year of the new currency heralding a completely new obverse design as the portrait of George VI replaced that of his father George V on coins intended for circulation. There were several examples of each denomination made by the Royal Mint as matte proofs, ostensibly to facilitate photography. Linecar and Stone lists a complete set of matt proofs, from gold to bronze coins, in a Glendining's auction of 4th April 1966. In the 1980s, when the Norweb collection of coins was sold by Spink, a set of silver and bronze specimens was also offered for sale.
*1937 was the first year of the new currency heralding a completely new obverse design as the portrait of George VI replaced that of his father George V on coins intended for circulation. There were several examples of each denomination made by the Royal Mint as matte proofs, ostensibly to facilitate photography. Linecar and Stone lists a complete set of matt proofs, from gold to bronze coins, in a Glendining's auction of 4th April 1966. In the 1980s, when the Norweb collection of coins was sold by Spink, a set of silver and bronze specimens was also offered for sale.