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The New York Sale
Auction LIII  14 Jan 2021
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Lot 3193

Starting price: 6000 USD
Price realized: 6000 USD
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George V (1910-36), Silver Proof Wreath Type Crown, 1932. Bare head left, BM raised on truncation for engraver Bertram Mackennal, Latin legend and toothed border surrounding, GEORGIVS V DEI GRA: BRITT: OMN: REX, rev. Imperial Crown, date above, emblematic wreath surrounding with roses, thistles and shamrocks, small KG to right of lowest rose for engraver Kruger Gray, denomination in words at bottom, Latin legend surrounding .FID.DEF.IND.IMP. (Bull 3642-3 R5; ESC 372A; L&S 41; Davies 1635; S.4036). Attractively toned, practically as struck, has been guaranteed and graded by PCGS as PR65, tying for highest graded at both services, very rare. Estimated Value $7,500
PCGS Certification 206530.65/84195338. The legends translate across both sides of these denominations as "George the Fifth by the Grace of God, King of all the Britains, Defender of the Faith, Emperor of India." The Wreath Crown design by Kruger Gray was much admired and the type design continued in succeeding years at the request of the Bank of England who liked to stock them at Christmas time to present to good clients, hence why the mintages were always quite small for the normal currency pieces. Bertram Mackennal (later knighted) was the Australian engraver responsible for the obverse design. The 1934 Crown was the smallest currency issue of the Wreath Crown series, probably because the silver Jubilee designs of 1935 were already being anticipated as a fresh change from the wreath issue. Though there were 2,395 currency Wreath Crowns minted for 1932, the number of Proof issue pieces is miniscule by comparison with just a mere handful known to exist.
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