Apr 302008
 

Brief History of the Australian Sixpence Coin

The Australian sixpence series of coins are unusual in that the same reverse design was used for the entire production of the coins between 1910 and 1963. It’s believed only three master dies were used. The sixpence is second only to the florin for popularity among collectors.

The first sixpence coins were struck in London from 1910 – 1914. In 1915 the coins were struck in Both London and Birmingham with the Birmingham coins identifiable by a small “H” mint mark. After this coins were struck in Melbourne until 1920 and carry an “M” as the mint mark. From 1921-1926 both Sydney and Melbourne mints produced coins but there are no identifiable mint marks. From 1927 the coins were struck almost entirely in Melbourne except for a period during WWII and also in 1951. No coins were struck in the years 1929-1933. Denver and San Francisco mints assisted with production in 1942 and can be identified by “D” and “S” mint marks. In 1943, the coins were struck in just the two US mints and in 1944 they were produced only in San Francisco. After this production resumed from Melbourne mint, assisted by the London Mint in 1951. The 1951 London coins have a small “PL” mint mark.

Example Values of the Australian Sixpence

The following prices are for some of the most sought after examples of sixpence coins. Coins minted in other years are also of value, those listed below are simply the “cream of the crop”. These prices are only a guide to possible marketplace values. There will be fluctuations in the actual marketplace. Prices will also vary depending on the condition of the coin. All values are listed in Australian dollars. For more up-to-date information on coin values, please visit the Australian Rare Coin Ready Reckoner.

Year Average Condition Uncirculated Condition
1910 20 1600
1911 20 1600
1912 40 3000
1914 15 1450
1916 25 2400
1917 25 1700
1918 75 4500
1919 15 1350
1920 20 1850
1922 25 3000
1924 20 2350
1925 10 750
1935 10 1100
1939 1 400
1952 2 500
1953 1 325

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Apr 232008
 

Brief History of Australian Gold Sovereigns

Sovereign coins have been minted since the time of Henry II in 1429. In Australia these coins were struck between the years of 1855 and 1931. Unlike other coins, no value is imprinted on the sovereign. Although the coins represent one pound in value, they term “sovereign” is more commonly used as a reference to the image of the monarch on the obverse die of the coin. The sovereign is the official coinage of the British Monarchy.

The sovereign is not the first gold coin to be minted in Australia. The “Adelaide Pound” coins were struck in 1852. A serious die crack was noticed after the pressing of the first 50 coins. A new die was cut and around 25000 “type II” Adelaide pounds were struck. Due to the rising value of gold, it wasn’t long until it was realised that the actual value of the gold used was higher than the face value of the coins. Due to profiteering, very few of either version of the Adelaide Pound have survived.

All sovereign coins are struck from 22 carat gold. Australian sovereigns minted between 1855 and 1870 carry a unique Sydney Mint design. After this all coins minted in Australia were of the same Imperial design used throughout the British Empire, although they do carry a mint mark indicating whether they were struck in the Sydney, Melbourne or Perth mints. Due to the rising value of gold, production of sovereigns ceased throughout the Empire in the early 1930′s.The Australian coins are much rarer than the English versions and are highly collectible.

Nine distinct types of Australian sovereign can be identified, and many of those can be divided into a number of series based on different obverse and reverse combinations. The types include the early series one and two of the Sydney Mint coins, produced from 1855-1856 and 1857-1870 respectively. These were followed by the Imperial design coins as follows: Victorian Young Head Shield Reverse 1871-1887, Victorian Young Head St. George Reverse 1871-1887, Victorian Jubilee Head 1887-1893, Victorian Veil Head 1893-1901, King Edward VII 1902-1910, King George V Large Head 1911-1928 & King George V Small Head 1929-1931.

Example Values of Australian Gold Sovereigns

These prices are given as a guide only. They are examples of some coins currently found in the marketplace. Actual coin values will vary depending on quality. Coins from other years are also of value. Prices are listed in Australian Dollars.  For more up-to-date information on coin values, please visit the Australian Rare Coin Ready Reckoner.

Australian Sovereign Coins

Grade

Estimated Value

1855 Sydney Mint Type I

EF

16000

1856 Sydney Mint Type I

gVF

6750

1857 Sydney Mint Type II

gEF

3950

1858 Sydney Mint Type II

EF

8000

1860 Sydney Mint Type II

EF

6000

1870 Sydney Mint Type II

UNC

4000

1878 Victorian Young Head Shield

UNC

2750

1881 Victorian Young Head Shield

UNC

4000

1887 Victorian Young Head Shield

UNC

2500

1871 Victorian Young Head St. George

EF

1750

1877 Victorian Young Head St. George

UNC

3000

1879 Victorian Young Head St. George

UNC

4750

1887 Victorian Jubilee Head

UNC

1850

1893 Victorian Jubilee Head

UNC

950

1893 Victorian Veil Head

UNC

1200

1895 Victorian Veil Head

UNC

375

1905 King Edward VII

UNC

325

1910 King Edward VII

UNC

325

1924 King George V Large Head

UNC

3250

1928 King George V Large Head

UNC

4750

1929 King George V Small Head

UNC

4950

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Apr 222008
 

Rare Australian Coin Values – shilling

Australian shilling coins were minted between the years of 1910 and 1963. The currency system used in this period was based on the British pound, using pounds shillings and pence. The coin demoninations were the halfpenny, penny, threepence, sixpence, the shilling(12 pence), the florin (two shillings), and the crown (5 shillings). The crown was only minted in the years 1937-1938.

The following prices are for some of the most sought after shilling coins. Coins minted in other years are also of value, those listed below are simply the “cream of the crop”. These prices are only a guide to possible marketplace values. There will be fluctuations in the actual marketplace. Prices will also vary depending on the condition of the coin. All values are listed in Australian dollars. For more up-to-date information on coin values, please visit the Australian Rare Coin Ready Reckoner.

Year Average Condition Uncirculated Condition
1910 10 395
1911 20 1250
1912 40 3750
1913 20 3500
1914 10 850
1915 80 8500
1918 5 525
1920 15 2000
1921 35 3500
1924 20 2250
1926 6 500
1928 15 1750
1933 125 8500
1934 8 650
1935 5 400
1940 5 575
1946 3-5 50-350

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Apr 212008
 

History of the Australian Commonwealth Theepence Coin

The threepence is the smallest of all the commonwealth coins. Until 1945 it was minted from sterling silver. Like most silver coins, from 1946 on quad alloy was used. The threepence was minted between the years 1910 and 1964. The first coins were minted in London but from 1916 on most were produced at the Melbourne mint. From 1924-1926 some threepences were also struck in the Sydney mint. During the second world war an increased demand for coinage resulted in some threepence coins being produced in the Denver and San Francisco mints. In 1951 the London Royal Mint struck around 40 million coins.

Example Values of the Australian Threepence

The following prices are for some of the most sought after examples of threepence coins. Coins minted in other years are also of value, those listed below are simply the “cream of the crop”. These prices are only a guide to possible marketplace values. There will be fluctuations in the actual marketplace. Prices will also vary depending on the condition of the coin. All values are listed in Australian dollars. For more up-to-date information on coin values, please visit the Australian Rare Coin Ready Reckoner.

Year Average Condition Uncirculated Condition
1911 10 575
1912 20 2250
1914 25 1500
1915 50 3000
1916 10 1100
1918 5 425
1919 5 450
1920 5 1350
1921 10 1500
1922/21* 12000 100000
1923 15 2650
1924 5 950
1934/33** 50 2100
1942 1-25 25-2250

*1922/1 overdate coins. Only 800 thought to exist.
**1934/3 overdate coins.

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Apr 182008
 

Rare Australian Coins – Brief History of the Penny

The first bronze (“copper”) penny coins to appear in Australia were minted in 1911. Up until 1918 these coins were minted in London, Birmingham and Calcutta. From 1919 the coins were produced in Australian mints in Sydney, Melbourne and Perth. Sydney production ceased in 1926. Nine different master dies were used for both the obverse and reverse sides of the coins and often different combinations of dies were used in the same year. Production of pennies ended in 1964.

The most valued example of the penny is the 1930. No coins were ordered for production in 1930 however it is believed some experimental work was done to produce better pennies. The good coins produced from the experiment were released with the 1931 coins. It is unknown how many 1930 coins were actually produced but there is believed to be some 1500 coins still in existence today. The fame associated with this coin is responsible for it’s high value.

Some rare examples of the penny include

  • the 1920 variety made using the London obverse die with a dot over the lower scroll, only three coins are known to exist.

  • 1931 penny with Calcutta obverse and London reverse, known as “Indian die, dropped one variety”. Only 20 specimens known to exist

  • 1930 penny struck with the London obverse. Only 2 authenticated but more are known to exist.

Example Values of the Penny

The following prices are for some of the most sought after penny coins. Coins minted in other years are also of value, those listed below are simply the “cream of the crop”. These prices are only a guide to possible marketplace values. There will be fluctuations in the actual marketplace. Prices will also vary depending on the condition of the coin. Some years show a range of values due to a number of variations in dies being used in that year. All values are listed in Australian dollars. For more up-to-date information on coin values, please visit the Australian Rare Coin Ready Reckoner.

Year Average Condition Uncirculated Condition
1911 1 375
1912 1.50 525
1913 1.5 775
1914 7.50 1900
1915 5 1600
1918 10 2500
1919 1-80 525-4500
1920 10-50 1500-8000
1922 2 850-1000
1925 100 20000
1926 2 1400
1929 1 1000
1930 27500 225000
1931 1 1500
1940 1-5 150-2500
1942 1-5 50-600
1946 50 1750

 

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