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NYINC Signature Sale 3037 Sess. 2-4  5 January 2015
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Lot 31153

Estimate: 12 000 USD
Price realized: 22 000 USD
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Great Britain
Victoria Proof Gothic Florin 1851 PR64 NGC, Royal mint, KM746.1, S-3891 var. (unlisted with plain edge), ESC-803 (R4, no distinction between plain and milled edge), plain edge. An extraordinarily rare coin, and possibly the rarest Victoria florin. This is the single graded example of this type by either PCGS or NGC, and just one of three total proof florins that have been graded by either firm. The last example of this type to have been sold at public auction was a full decade ago. That coin, sold by St. James (Auction 2, 11 May 2005, lot 458), was described as having a "small scratch behind head, otherwise about FDC." The description, along with the accompanying photograph, strongly suggests that the present piece is vastly superior to the St. James one. This coin has no flaws worthy of note and only the very lightest of handling marks visible under magnification. Despite the scratch noted on the St. James example, it still realized a hammer price of 7,500GBP (over $14,000 at the time). In the interim decade, the market in general, and for high-grade Victoria coins in particular, has gone up tremendously. As such, this is the sort of coin that is nearly impossible to estimate and so it may be best to just open it on the floor and let it run.From The Law Collection

Estimate: 12000-15000 USD
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