Pricing For A Centenary Florin

If those prices are US$ then they are a ballpark figure.The last couple of years has seen demand rise for whatever reason.
Hard to pick up a decent grade on ebay Oz.for under A$400,i buy as many as I can and haven't purchased a good grade for over a year,always outbid.
Hard to say if prices will fall or we are at the new normal.

beware of fakes for this ones they can range from very poor ones to exceptional good fakes.

I landed on my feet with this coin back in March.

I got my one, good EF for only $330NZD which is around $320AUD.But this was New Zealand where in general Australian coins are cheaper here than there, but the USA should be cheap too.

Please read this thread which discusses fake detection skills and also shows this paragon of a coin I brought. Originally some people thought it was fake, until they realised it was just a really bad photo taken by me.

http://goccf.com/t/401300

Some facts.

Despite being dated 1934/35, evidence suggests the coins were not released until March 1935.

They were sold at 3/- each, a full 50% mark up on face value and minted to the same size and standard as other Australian Florins in the 1930s. Many were sold and or given away through Foy and Gibson department stores in Melbourne and Perth! They came in little paper bags which are collectors items in their own right.

75,000 coins were minted, however 21,000 of these were melted down and only 54k or so exist. Basically it was still the depression in early 1935 and few people were willing to pay a shilling extra for a coin worth the same as other Florins. The mania for collecting coins and stamps only took off a year or two later.

The coin shows a Kruger Grey Portrait of King George V not seen on any other Australian KGV coin.

Generally you will not find them in conditions under high VF, most coins were brought as collectors pieces and salted away. Most are EF and AU, as they were handled a bit and the soft silver wore fast, so truly UNC and high grade MS state ones are very rare. EF coins should cost you no more than $500 and as little as $275. This contrasts severely with most Aussie Florins of the era which are usually very worn (Fair to Fine).

Numerous fakes abound and usual hints to spot them include.

1. The hand on the horses rump has no detail on fakes
2. Poor hair detail of rider.
3. Some letters join on obverse
4. The robe of the king does not meet the rim of the coin at 5 oclcok on the reverse.

5. The coin should weigh 11.32 grams + 0.10 gram and be 28.2 - 28.5mm in size. The edge is reeded and silver is 92.5%

6. Good luck in your purchase, its a beautiful coin and ticks off a set well with those 1932 Florins and 1938 Crowns!