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Australian One Florin 1927

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Australia
51 Posts
 Posted 10/22/2023  11:07 pm Show Profile   Bookmark this topic Add DecentGuy to your friends list Get a Link to this Message Number of Subscribers
Hi beautiful people! Hope all is safe and sound!

Is This a business strike 'quote-unquote"? OR Not is the second option...
I personally intend to lean towards the second option.
Who agrees with me and who Doesn't agree and why?

Thank You All

Australian-One-Florin-1927
Australian-One-Florin-1927

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Sap's Avatar
Australia
16804 Posts
 Posted 10/22/2023  11:46 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
I moved this thread from the US Varieties forum for you.

I assume you're hoping that it's a proof?

I'm not really seeing any indication from these pics that this is a proof coin.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
Valued Member
Australia
51 Posts
 Posted 10/23/2023  12:20 am  Show Profile   Bookmark this reply Add DecentGuy to your friends list Get a Link to this Reply
Thanks for that buddy!

I get ya, but would it also be fair to say that by these pics I'm not really seeing any indication that this is a business strike coin?
what is your reason come on don't hold back any clues we are mates remember?!
Valued Member
Australia
51 Posts
 Posted 10/23/2023  12:30 am  Show Profile   Bookmark this reply Add DecentGuy to your friends list Get a Link to this Reply
do these business strike looks like my coin.

Australian-One-Florin-1927
Australian-One-Florin-1927
Australian-One-Florin-1927
Valued Member
Australia
51 Posts
 Posted 10/23/2023  12:34 am  Show Profile   Bookmark this reply Add DecentGuy to your friends list Get a Link to this Reply
I think I have worked it all out mine is a proof and the indication is the oval around the year 1927...

any objections anyone ? speak out now or forever hold your peace :)

Best Regards
Roni
Valued Member
Australia
51 Posts
 Posted 10/23/2023  01:02 am  Show Profile   Bookmark this reply Add DecentGuy to your friends list Get a Link to this Reply
Just Curious Mate .... What Indications were You Looking For?
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ttkoo's Avatar
Australia
2496 Posts
 Posted 10/23/2023  01:29 am  Show Profile   Bookmark this reply Add ttkoo to your friends list Get a Link to this Reply
Have a read through these indicators. You have the coin in hand and some of these would not be visible to us here on the website.

The proof Canberra florin was Australia's first commemorative coin, issued to celebrate the opening of the provisional Parliament House (or Old Parliament House) in Canberra. After prolonged debates, on 1 January 1911 Canberra was selected to be Australia's capital city and home to national Parliament. Construction for the temporary location was not approved until 1923 and during construction Parliament was held in Melbourne. Old Parliament House was opened on 9 May 1927 with an official ceremony and both the Senate and House of Representatives meeting for the first time at the location. Designed to last for 50 years, the building was used as national Parliament for 61 years, holding its final session in June 1988 (McIntosh, G, 2001) . It now houses The Museum of Australian Democracy (Parliament of Australia, 2016) . The 1972 proof florin was the first 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,

A number of features assist numismatists and collectors alike to differentiate between the proof and business strikes (Verheyen, T, V, 2007) . Many precise details are evident in the proof due to the superior strike, which is incomparably better than business strikes,in particular on the steps of the Parliament House; the proof clearly shows 4 steps, divided by 3 incuse lines, in the centre of the reverse. Business strikes tend to show poorly struck denticles.

Other identifiable features of the high quality proof are raised lines in the fields of both sides of the coin. The reverse shows highly visible, parallel lines, grouped close together from 6:00-9:00. The obverse's are slightly less obvious, being distributed sporadically from 2:30-6:00.


The overall finish of the proof displays reverse cameo features, with the reliefs highly polished for a mirror finish and remaining surfaces gradually becoming more matte towards the rims.

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, 2007) . 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 proof s proof obverse business strikes
The Ox moves slowly, but the Earth is patient.
Valued Member
Australia
51 Posts
 Posted 10/23/2023  06:06 am  Show Profile   Bookmark this reply Add DecentGuy to your friends list Get a Link to this Reply
Thanks heaps. much appreciated!
Thats exactly what I have been looking for. Thanks again
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ttkoo's Avatar
Australia
2496 Posts
 Posted 10/23/2023  06:23 am  Show Profile   Bookmark this reply Add ttkoo to your friends list Get a Link to this Reply

All good.
The Ox moves slowly, but the Earth is patient.
Valued Member
Australia
51 Posts
 Posted 10/23/2023  06:54 am  Show Profile   Bookmark this reply Add DecentGuy to your friends list Get a Link to this Reply
It turned out mine is a proof coin that had been taken out of circulation by my Granddad.

All the identifiable features are spot on except only 1 &1/2 incuse clear lines as the steps.

What is more important is I actually learned something today and again thanks to oldmate.

Valued Member
Australia
51 Posts
 Posted 10/23/2023  8:33 pm  Show Profile   Bookmark this reply Add DecentGuy to your friends list Get a Link to this Reply
That was my aunt telling me that story ... but I wouldn't take her words for it.
Like the typical me I never take anyone's words, having said that I always love to listen to different opinions.

Thanks
Valued Member
Australia
51 Posts
 Posted 10/23/2023  9:08 pm  Show Profile   Bookmark this reply Add DecentGuy to your friends list Get a Link to this Reply
Not sure why the circulated proof coin (FF) will be considered as a consequence valued much less than the uncirculated proof coin.

If we do the sums, how many circulated proof do we know that exist & How many Unc Proof ones do we know that exist?

Thank You all in advance.
Roni
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Sap's Avatar
Australia
16804 Posts
 Posted 10/23/2023  11:06 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
A circulated proof is "damaged goods" - these coins were not intended to be circulated, so signs of circulation on one is always seen as a negative.

It doesn't matter if circulated proofs are "rarer" than perfect examples; it will always be less valuable, because of the damage. Coin collectors reward careful preservation with higher prices. It's also why cleaned coins are worth less than never-been-cleaned coins. The general principle is that you can't take a coin in pristine condition and scuff it up to make it more valuable.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
Valued Member
Australia
51 Posts
 Posted 10/24/2023  02:55 am  Show Profile   Bookmark this reply Add DecentGuy to your friends list Get a Link to this Reply
(EF)*
sorry
Valued Member
Australia
51 Posts
 Posted 10/24/2023  02:57 am  Show Profile   Bookmark this reply Add DecentGuy to your friends list Get a Link to this Reply
I agree with all you said.
Thank you
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