New Coin 1927 Proof Florin

[ozjohn 652]

I've just received a 1927 florin I brought on Ebay. I can't believe the relatively low price this coin brings as there were only 15000 minted for the proof sets with no issue for general circulation in 1927. Also I have noticed several circulated examples of this coin turning up on ebay which suggests many sets would have been broken up and spent as it was released just before the start of the great depression. I suspect the number of this coin still in high grade is considerably less than the 15000 issued adding to its rarity.

[Nicholas 51]

Agreed. In a larger market Ie USA the equivalent coin in say age/rarity/condition would fetch considerably more. And there are countless examples of this. Occasionally a GB coin "crosses over" when sold slabbed in the US bringing the equivalent US coin price into reality. For example-

http://coins.ha.com/itm/great-britain/world-coins/great-britain-victoria-gold-proof-5-1887-/a/3030-24355.s

and

http://coins.ha.com/itm/great-britain/world-coins/great-britain-victoria-gold-proof-5-1893-/a/3015-25037.s

and of course they're big gold and very shiny...

Edited June 23, 2014 by Nicholas

[Nicholas 51]

$69,000 USD 1893 5 Pound

$47,000 USD 1887 5 Pound

If you don't mind.

[Nordle11 564]

Thanks for the prices Nicholas! Saves signing up

[Nicholas 51]

Yep. Else you might have thought I work for heritage then...

[sound 25]

John,

Your point is well made, totally agree. Think all 20 Century silver proof coins up to the 1950's are undervalued. I have been accumulating them for some time.

Mark

[VickySilver 830]

Well, still have to find the buyer side to complement the demand side of the supply-demand curve. I suspect this aspect lags....

[Peter 615]

Proof coins generally remain in collectors hands and are readily available when we pop our cloggs..sad but true.

My teenage daughters have an interest in my coins and cataloging ....they do know a few farthing varieties

[sound 25]

Well, still have to find the buyer side to complement the demand side of the supply-demand curve. I suspect this aspect lags....

Well Vicky you are probably right, which really supports Johns point. Think its best to get in early before the buyers wake up.

Mark

[azda 979]

Early? They've been around for 87 years lol

[Paulus 1,975]

Same goes for the wreath crowns (non-proof) in my book, they are relatively cheap given the very low mintages, again perhaps there is just not the demand (yet)?

[sound 25]

Well here's my offering. Yep buyers slow to catch on LOL.

[sound 25]

Like this one too. John you have pressed the right buttons with me.

Edited June 23, 2014 by sound

[sound 25]

woops the last one is not a proof. carried away again

[VickySilver 830]

Keep that enthusiasm!

More pictures, please....

[Peter 615]

Cracking coins Mark.

Great to see Suffolk old boys with a few nice uns.

[sound 25]

Peter,

After being bundled to death by my Grandsons this weekend have to admit I now qualify as an old un

Mark

[Peter 615]

I've got my Aunt (mums youngest sister) arriving tomorrow from the States....Oh dear...wish me well.My sister moved away 30 years ago.(nice one Penny)

They will want to go to Felixstowe,a few Antique places and a couple of cheap pubs....I will be on call 24/7 for the next three weeks HELP.