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AUSTRALIAN paper decimal banknotes

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AUSTRALIAN paper decimal banknotes

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AUST SHILLING (1910-1945) 92.5% SILVER...

 

Here's a detailed report on Australian shillings from 1910 to 1945, focusing on their composition, mintage, design, historical context, and collector value. All these coins contain 92.5% silver (sterling silver), which was standard until 1946.


🪙 Overview: Australian Shillings (1910–1945)

  • Denomination: One Shilling (1/20 of a pound)
     
  • Metal Composition (1910–1945):
     
    • 92.5% Silver, 7.5% Copper (Sterling Silver)
       
  • Weight: 5.65 grams
     
  • Diameter: ~23.5 mm
     
  • Silver Content per coin: ~0.1680 troy oz
     

📅 Year-by-Year Breakdown

1910 – First Commonwealth Issue

  • Monarch: Edward VII
     
  • Design:
     
    • Obverse: Bust of Edward VII
       
    • Reverse: Coat of Arms of Australia
       
  • Mintage: 2,000,000
     
  • Note: Only year with Edward VII, issued after federation.
     

1911–1936 – George V Reign

  • Monarch: George V
     
  • Design (1911–1936):
     
    • Obverse: Bust of George V
       
    • Reverse: Coat of Arms (same as 1910)
       
  • Years Not Issued: 1913, 1920, 1929, 1930, 1932, 1933
     

Notable Dates:

  • 1914H: Minted in Birmingham ("H" for Heaton Mint)
     
  • 1921 & 1926: High mintage years (over 3 million)
     
  • 1935: Scarce year
     
  • 1921: Mintage ~3.6 million
     
  • 1933: Extremely low mintage (~900,000) – rare in high grades
     

1938–1945 – George VI Reign

  • Monarch: George VI
     
  • New Reverse Design Introduced (1938):
     
    • Features a Merino ram’s head, designed by George Kruger Gray
       
  • Years Issued: Annually from 1938 to 1945
     
  • 1939: Scarcer date
     
  • 1944 & 1945: Struck at San Francisco Mint (with “S” mintmark)
     

💰 Collector Value (as of 2025)

YearCommon Value (VG-F)High Grade (EF to UNC)Notes1910$20–40$300+First issue, Edward VII1914H$15–30$150+Scarcer mint1933$80–120$800+Scarce1935$20–40$200+Semi-key date1939$10–25$100+Scarce ram head year1944S/1945S$8–15$60–100US-minted  

🧪 Silver Bullion Value

  • At 92.5% silver and 0.168 troy oz per coin, bullion value fluctuates with silver spot price.
     
  • At $35 AUD/oz (approx.), melt value ≈ $5.90 AUD per coin.
     

🏛️ Mints Involved

MintMarkLocationActive YearsLondonNo markUK1910–1916HeatonHUK1914MelbourneNo markAustraliaFrom 1916SydneyNo markAustraliaFrom 1920sSan FranciscoSUSA1944–1945  

📈 Historical Significance

  • The shilling was a critical part of Australia’s pre-decimal system, used widely for daily transactions.
     
  • 1946 marks the shift to 50% silver content, ending the sterling silver era.
     
  • The 1938 ram reverse symbolized Australia’s pastoral strength and was well received.
     

Copyright © 2025 Australian paper decimal Banknotes - All Rights Reserved.

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  • AUST 92.5% SILVER COINS
  • WHY INVEST IN SILVER?
  • FLORIN (1910-1945) 92.5%
  • AUST SHILLING (1910-1945)
  • AUST SIXPENCE 92.5%
  • AUST THREEPENCE 92.5%

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