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Australia George VI

1938 Proof Crown reverse 1938 Proof Crown obverse

1938 Proof Crown

Mintage:100
52 sold
Reverse Designer:George Kruger Gray Obverse Designer:Thomas H. Paget Size:38mm Weight:28.28g Edge:Reeded Composition:92.5% Silver
7.5% Copper

Values

Sales History

The proof 1938 crown was prepared as a single commercial proof release along side the other 1938 denominations as part of the proof coin collector program started in 1937. A total of 100 coins were prepared but the relatively high issue price of 6/- made it undesirable, particularly in the post-depression America where most Australian proof coins were sold to. In addition, proof coin pioneer, H. G. Williams did not order the crown with the rest of the proofs perhaps due to his disappointment with the 1937 crown profits (Verheyen, T, V, 2009) . A total of 100 were prepared however dealer correspondence with the Melbourne mint indicated that 18 had been sold and a further 6 were sold to that dealer (Verheyen, T, V, 2009) though information compiled by Sharples indicate that a total of 52 were sold (Sharples, J, 1990) , the other 28 most likely at a later date. The low sale rate consequently led to the relative scarcity of the 1938 proof crown to the 1937 proof crown. The 1938 Crown was the last crown produced in Australia as the series was dropped in 1938 due to lack of interest (Cruzi's Coins, 2005) .

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