The Canberra Florin was released in 1927 to commemorate the opening of the now, Old Parliament House. The simple design was completed by renowned numismatic artist George Kruger Gray who was a 'preferred contractor' of the Royal Mint. The London branch of the mint then created the dies which were finally approved by the Australian Prime Minister Stanley Bruce.(Recorder, 1927)A total of 2,000,000 pieces were produced at the Melbourne Mint and are considered to be some of Australia's most attractive coins.
At the time of minting the Canberra Florin received substantial media attention with newspapers around Australia featuring commentary on the design, mintage populations and its distribution. In addition to be a very attractive coin it was also the first commemorative Australian coin and as a result it was heavily horded. The 'Queensland Times' newspaper stated that - "Almost as promptly as they were put into circulation the commemorative coins were withdrawn by the people, who preferred to keep them as mementos of an historical event rather than spend them..."(Queensland Times, 1928) In the following years the Great Depression would force many to spend their horded Florins however enough remained horded to keep the coin quite affordable in upper grades.
The piece is available right up to MS67 however the reverse strike and the typical concentration of bag-marks on the obverse usually prevents the date from going above MS65. The date is usually found in MS63 though does occasionally make it into MS64, examples bewow MS63 have almost certainly been circulated. Finding an example in MS65 or higher can be quite a challenge. Overall the Canberra Florin's beauty, affordability and availability make it a very worthwhile acquisition for collectors and non-collectors alike.
MintageXF40AU50AU55AU58MS62MS63MS64MS65MS66MS671927 2,000,000343763761101202508102,3004,200MintagePR60PR61PR62PR63PR64PR65PR66PR671927 Matte Proof2 Known1927 Proof4005,7007,1009,10011,00015,00020,00031,00094,0001927 Uniface obverse2 KnownValues are in AUD and are retail price estimations based on past sales of coins certified by PCGS or NGC and as such values only related to such graded coins. Uncertified coins or coins graded by other services would likely be worth significantly less. For wholesale pricing please refer to the Red Sheet. While all attempts to ensure accurate pricing, data entry errors can occur and as such no warranty is expressed or implied as to the accuracy of any information published on this website. It is important to verify all published sales to ensure the accuracy of the pricing when making any purchase decision. Any personal information provided to us is protected by the Privacy Act 1988.