Blue Sheet > Australia> Commonwealth Coinage> Florin> Commemoratives> Parliament House > 1927 Proof Canberra Florin

1927 Proof Canberra Florin



The proof Canberra florin was the second Australian collector proof coin sold at an issue price of 2/6 and with a total mintage of 400 (Sharples, J, 1990), it is also the most common pre-55 proof as far as mintage is concerned. Many of the sales were in large quantities, for example 48 were sold to Hunt Deacon and 25 to Baldwins (Sharples, J, 1990).

As a public issue proof, many ended up in circulation and many others were improperly handled, so its not uncommon to find circulated examples but when identifiable still command strong premiums over business strikes, perhaps due to the strong strike, in particular on the steps of the Parliament House, which is incomparably better than business strikes. The ratio of impaired examples is further illustrated with information compiled by Andrew Crellin, only 21 of the 49 proof coins that appeared on the open market since 1992 were of choice quality (Verheyen, T, V, 2009).

Despite having the highest mintage of any pre-55 proof, its popularity and demand is strong with the type having the 2nd highest value of all the commercial proofs, second only to the elusive 1938 proof crown (Learn more about the 1938 Proof Crown).

A uniface obverse example is also known (Learn more about the 1927 Uniface obverse Florin) and 2,000,000 business strikes were produced (Learn more about the 1927 Canberra Florin).

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Contents
Mintage
400
Reverse Designer
George Kruger Gray
Obverse Designer
Sir E. B. MacKennel
Size
28.5 mm
Composition
92.50% Silver
7.50% Copper
Bullion Value
$10.56
1927 George V Florin
Reverse

1927 George V Florin
Obverse

Valuation
Typical Handled: $25K  
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
  • issue price - The price a collector coin is sold to the public at the time of issue
  • mintage - The number of coins struck of a particular designation
  • obverse - The heads side of the coin
  • proof - A coin struck from specially prepared dies to strike a superior quality coin not intended for circulation

Numismatic Glossary - View the full glossary of numismatic terms.

References
  • Sharples, J, 1990. 'On Collecting Commonwealth Coins'. Journal of the NAA - Volume 5. pp 17-21
  • Verheyen, T, V, 2009. 'The 1927 Canberra Proof Florin'. The Australasian Coin and Banknote Magazine - Volume 10, Number 1. pp 20-22

References - View full bibliography

Links

Index