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!$$ R1 CrAzY R1 $$ 1925 FLORIN - ULTRA RARE $$ R1 CrAzY R1 $$!

1 was available / secondhand
R501.00 auction closed
Closed 10 Oct 07 23:00
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Product details

Condition
Secondhand
Location
South Africa
Customer ratings:
Bob Shop ID
5609442

THE IMAGE OF THE  FLORIN ON AUCTION IS  below--but read 1st

$$$ R1 cRaZy R1 $$ 1925 FLORIN-ULTRA RARE! $$ R1 cRaZy R1 $$$

Next to the 1931 series of coins and the 'extinct'farthings this coin is the rarest of South African coinage post 1900.

The last occasion a 1925 Florin appeared on an international auction, it was sold for R40 000 

Here is the summary of that sale in November 2006!

Spink- Auction 6032      Auction date: November 29th, 2006   : Lot number: 919      

Lot description: South Africa, George V, 2 Shillings, 1925 (KM.18), toned, good extremely fine , very rare date 

Estimate :  £ 600-800

Price realized: £2,800 GBP (approx.US$5,458  - ZAR 40 600 as at auction date)        

The significance of the estimate /realized price is that the  market has aknowledged the scarcity and value of the Union 1925 Florin proven by the demand that realized 4 x the expected price.  Based on the INTERNATIONAL interest on the coin in November last year you can be sure the next High Quality 1925 Florin on auction will be sold at minumum  4000 GBPounds -possibly more! This will be a reality very soon - R60 000 for a 2 shillins!  Anybody want to take a bet? 

 

There were only 50146 of these Florins minted for circulation and NO proof sets. No one knows how many of these 1925 florins are still in existence but its accepted that as a starting point at least 75% of the mintage has been melted down.
 
The design of the Florin and the Half Crown where the date was split either side of the crest caused the relief of the numerals to wear down exceptionally quickly. No surprise that when you see a 1925 Florin it would be in the Fine plus or Fine minus state as is this one that 

I AM OFFERING HERE WITHOUT RESERVE WITH A STARTING PRICE OF A CrAzY R1 !

Ive only seen two others on BOB in 14 months - 1st, the pic on front page display - I sold to another BoBer @ vf grade and 2nd, Dr Kobie Venter must still be scratching his head why the Florin he had offered wasn't snapped up when it hung around this auction site for 2 weeks with no takers at an rediculously low low price.- me buy? cashstrapped Ha!

 Although well worn - Is about good fine to fine grade the scarcity still makes a coin in this condition to be a sought after item that will appreciate at a quicker and higher rate than any other coin. Presently its value is higher than most other Union coins that would be graded very fine and above!

 HERE IS THE HUMBLE 1925 FLORIN 

$$ R1 NO Reserve $ R1 Start Price R1 $ R1 Bid Increment R1 $$

 $$$$ DONT BE SHY- BID NOW $$$$

  You can also Bid on these scarce date Florins- Click the Links--------- 

1926 Florin also in fine grade    www.bidorbuy.co.za/jsp/item/Item.jsp

1928 Florin - Very Fine Grade

1929 Florin - Very Fine Plus Grade

Customer ratings: 1 ratings

Excellent seller. A++++++++++. Thank you.
07 Nov 2007