Blue Sheet > Australia> Commonwealth Coinage> Florin> Commemoratives> Melbourne Centenary > 1934-35 Melbourne Centenary Florin

1934-35 Melbourne Centenary Florin



The Centenary Florin is the scarcest commemorative with a total mintage of 75,000 and only 54,000 being sold, the remainder being returned to the Melbourne mint to for re-melting (Coin Web, 2007). They were sold for an issue price of 3/- to help fund the Melbourne Centenary celebrations (Coin Web, 2007). The coin is often sold with a Foy & Gibson bag, from either Melbourne or Perth. The Melbourne bag in top condition is very scarce while the Perth bags are rare in any condition (Coin Web, 2007).

According to correspondence between the Deputy mint master at the Royal Mint, Melbourne and New Zealand dealer, H. G. Williams, no proof Melbourne Centenary florins were issued (Verheyen, T, V, 2008), however orders between dealers were filled out for early business strikes which display proof-like characteristics. This explains why the coins previously identified as being proof were frequently imperfect with H. G. Williams outlining in correspondence with the mint that a customer of his rejected a Melbourne Centenary florin as being faulty (Verheyen, T, V, 2008).

These proof-like strikes are still much scarcer than typical business strikes and thus as with most proof-like issues, do command strong premiums, however they are not as scarce as once thought. There are two identified proof-like dies, each with a flat, wire rim, unlike the business strikes which have a bevelled rim. !Die type I can be identified by a matte relief and mirror fields, while !Die type II can be identified by less reflective fields and a smoother relief (Verheyen, T, V, 2007).

NOTE: Beware of forgeries, while many poor forgeries produced from fresh and inaccurate dies are easy to detect, a recent influx of accurate examples have spilled onto eBay with tens of thousands of dollars paid large quantities of fakes. These are identifiable by a very soft central strike most likely caused by the production of the working die with a coin used as the master die thus insufficient detail passed onto the master die, and then onto the working die. For more information on detecting these forgeries, see: (Australian Threepence, 2009)

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Contents
Mintage
Notes about Mintage

  • Mintage figure combined with:
  • 54,000 sold
  • 75,000
    Reverse Designer
    George Kruger Gray
    Obverse Designer
    Percy Metcalf
    Weight
    11.31 grams
    Size
    28.5 mm
    Composition
    92.50% Silver
    7.50% Copper
    Bullion Value
    $9.57
    1934-35 George V Florin
    Reverse

    1934-35 George V Florin
    Obverse

    Valuation
    Typical Handled: $210  
    This valuation represents a typical handled example of the coin. Coins in better condition will command a substantial premium over the listed price. For example, an average 1911 florin is worth around $50, but in choice uncirculated condition is worth about $15,000! To view valuations in higher grades, please click here to subscribe.  

    Glossary
    • business strike - A coin struck for circulation
    • die - A cylindrical punch with an inverted impression of a coin's design used to strike the coin
    • fields - The open, exposed areas of a coin's design
    • issue price - The price a collector coin is sold to the public at the time of issue
    • master die - A cylindrical punch with an impression of a coin's design used to strike the working dies of a coin
    • proof - A coin struck from specially prepared dies to strike a superior quality coin not intended for circulation
    • proof-like - A coin that resembles the appearance of a proof coin of the same type, often resulting from being struck from the same dies
    • relief - The raised part of a coin's design
    • rim - The edge around a coin, often with beading or denticles
    • working die - The die with a reversed impression of the coin used to strike the actual coins

    Numismatic Glossary - View the full glossary of numismatic terms.

    References

    References - View full bibliography

    Index