His Royal Highness the Duke of York, officially opened Parliament House in Australia’s national capital, Canberra on 9 May 1927. In front of a massive crowd, the Duke of York opened the parliamentary doors with a golden key and unveiled a statue of his father King George V in the foyer.
To commemorate this momentous occasion, the Government authorised the release of a limited edition collector coin. It was the Melbourne Mint’s very first collector coin issue, the coins selling for a sixpence premium over face value. And it was Australia’s very first commemorative coin.
We know the coin today as the 1927 Proof Canberra Florin. And it is a prized collector piece.
The release of the 1927 Proof Canberra Florin was a well-publicised event that saw the coins sell to members of the public outside traditional numismatic circles. Coins being mishandled or pieces simply lost into circulation was the fate of many of the proofs out of the original mintage of 400. So a small mintage of coins becomes even smaller for the buyer seeking a quality Proof Canberra Florin.
In today’s market we might see one premium quality Proof Canberra Florin on the market every year. And we stress the inclusion of the word ‘premium’ in this statement.
This particular 1927 Proof Canberra Florin is a premium quality example and is classified as FDC, with brilliant mirror fields. The coin shows the characteristic striations associated with Proof Canberra Florins which reflects meticulous die preparation. Moreover, it has been sharply struck and brilliantly preserved. Visually it is stunning.
As an historic piece and as a finite asset, the rarity of the 1927 Proof Canberra Florin is assured. As an exquisite example of the Melbourne Mint's craftsmanship, the coin is a numismatic gem.