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In page Crown (British coin):

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The King George V "wreath" crowns struck from 1927 through 1936 (excluding 1935 when the more common "rocking horse" crown was minted to commemorate the King's Silver Jubilee) depict a wreath on the reverse of the coin and were struck in very low numbers. Generally struck late in the year and intended to be purchased as Christmas gifts, they did not circulate well, with the rarest of all dates, 1934 (mintage just 932), now fetching several thousand pounds each. The 1927 "wreath" crowns were struck as proofs only (15,030 minted).