Auctioneer:
St. James's Auctions Ltd (Auction 38), 29/09/2016
Lot description:
Straits Settlements, Victoria, 50 cents, 1894, crowned head l., rev. value and date (KM.13), a low mintage of 52,000, cleaned, a sharp early strike with proof-like reverse, certified and graded by NGC as About Uncirculated Details Polished, rare (£1250-1500)
Sold for GBP 1,000 + 20%
Question: how to justify the so called "proof-like" reverse?