The Centenary Florin celebrates the hundredth anniversary of the state of Victoria, 1834 and the settlement of the city of Melbourne, 1835. It is the scarcest commemorative with a total mintage of 75,000 and only 54,000 being sold, the remainder being returned to the Melbourne mint to for re-melting (Coin Web, 2007) . They were sold for an issue price of 3/- to help fund the Melbourne Centenary celebrations (Coin Web, 2007) . The coin is often sold with a Foy & Gibson bag, from either Melbourne or Perth. The Melbourne bag in top condition is very scarce while the Perth bags are rare in any condition (Coin Web, 2007) .
Specimen strikes of this type were struck at the Melbourne mint and can be distinguished by a few features. It shows a reverse cameo finish, and the nipple on the left side of the figure's chest on the reverse is struck (it does not appear on the business or proof-like strikes). The specimen strike also shows a thin, bevelled reverse rim, and a wide, flat obverse rim (Lever, F, 2013) . The king's bust on the obverse tilts slightly right or backwards, whereas the bust on the proof-like strike is more upright with the cross at the top of the crown pointing directly at 12:00 (Lever, F, 2013) . A specimen strike with a nipple on the rider exists in the Museum of Victoria (Museum Victoria, 2016) . Business strikes exist from the same die.