I found this coin for sale, and am very interested in it. It is a 1949 shilling specimen, and was part of Kings Norton mint collection. What is the difference between a proof and specimen? I know that is probably a silly question. Asking price is $380, which i think is a bit high for it.
KM# 31 SHILLING 7.8100 g., Copper-Nickel, 27.8 mm. Ruler: George VI Obv: Crowned head of King George VI left Obv. Leg.: ET INDIA IMPERATOR dropped from legend Rev: Lion and mountains within 3/4 circle with fleur ends, date and denomination below Edge: Reeded Date Mintage F VF XF Unc BU 1948 19,704,000 0.50 0.90 2.00 6.50 12.00 1949 38,318,000 0.50 0.90 2.00 6.50 12.00 1949 Proof — Value: 250 1949H 12,584,000 0.50 0.90 2.25 7.50 12.50 1949KN 15,060,000 0.50 0.90 3.25 7.50 12.50 1950 56,362,000 0.35 0.60 1.50 5.00 12.00 1950 Proof — Value: 250 1950H 12,416,000 0.50 0.90 3.25 6.00 12.00 1950KN 10,040,000 0.40 0.70 2.00 5.00 12.00 1952 55,605,000 0.35 0.60 1.50 5.00 12.00 1952 Proof — Value: 175 1952H 8,023,999 0.35 0.60 1.75 5.00 12.00 1952KN 9,360,000 0.35 0.60 1.75 5.00 12.00