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.