Hi John, Tony Williams has an excellent write up on such things on the following link, the Mk 5 in the photos he has is the one I now have:
http://www.quarry.nildram.co.uk/37-40mm.htm
2 pounder Mk V aircraft gun round.
This is the bottom one in the photo and is the really rare one.
Case length 240mm
Head diameter 49.9mm
Calibre 40mm
Designs for the gun were approved in Feb 1917.
NOTE this type of 2 pounder case is unique, there are no other cases with the same measurements as this one.
Headstamp says
2PR MK V
I
1917
VSM
CF
LOT 2
No markings on the primer
1.5 pounder COW gun round.
This is the third one down in the photo and along with the Crayford quite hard to find.
Case length 189mm
Head diameter 46.44mm
Calibre 37mm
The COW gun was accepted into service in 1918 but was extensively modified. In the 1920's it went into a Mk 4 version and remained in service until after the second world war. It was originally intended as an aircraft weapon and was reported in later years as being used in Sunderland flying boats.
Headstamp says:
1 1/2 PR MK III GUN
RL
1918
CF
LOT 4
The primer is a number 5.
Nose fuzed 1.59 inch Crayford
This is the second one down in the photograph
Case length 79mm
Head diameter 47.84mm
Calibre 40mm
The Crayford aeroplane and trench gun was developed by Vickers, son and Maxim at their works in Crayford, Kent (hence the name!).
It was accepted for service in small numbers as an anti Zeppelin weapon.
Declared obsolete in 1919.
The headstamp on the case is one of the early ones that do not have 1.59 stamped on them and is as follows:
VSM
CF
1 pounder MK III aircraft gun round
This is the top one in the photo and the most common to find out of the group.
Case length 70mm
Head diameter 43.8mm
Calibre 37mm
The Mk III was an attempt to produce a weapon using reduced versions of earlier 1 pounder pom pom ammunition. It was never officially announced on introduction (that I know of) and was declared ovsolete in Febrary 1921.
Headstamp says:
1 PR MK III GUN
I
1916
2G1
VSM
CF
LOT7
The primer is a number 5
Hope this helps clarify it a bit, there's not a lot of information about these things.
Dave.