SettingsSettings Subscribe  


Recent Articles 9-Nov-2022

The Australian One Cent

Walter Eigner The Australian One Cent is a keenly collected series owing to its attractive design and relative affordability. It was first issued in 1966 and continued as a regular issue until 1991. Due to its popularity, the coin was re-issued in 2006, 2010, and 2016 as part of collector sets.

Cleaning Coins

Walter Eigner Cleaning coins is one of the most divisive issues in coin collecting though most of the contention stems from a misunderstanding of the problems with cleaning coins. Dealers typically advise new collectors that cleaning will devalue their coins then they go ahead and happily sell cleaned coins.

Rare Pre-Decimal Coins

Anna Fhaumnuaypol Pre-decimals are coins that everyone, whether you are a collector or just starting out, usually have in their collection which have the potential to truly worth a lot of money. It represents a very interesting look into the past since when it was first introduced in Australia in 1910.

1942 and 1943 Bombay Mint Copper

Anna Fhaumnuaypol During wartime, the demand for pennies and half pennies increased immensely due to pay requirements of Australian and American forces within Australia. However, the availability of metals, especially copper and silver used for coins, was in shortage due to it being used for the war effort for munitions. Moreover, people were continuing to hoard silver and copper coins in money boxes for fear of instability resulting in banks running out of coins to function their day-to-day routine.

Collecting Old Australian Coins

Walter Eigner Collecting old Australian coins provides a fascinating glimpse into Australia's history through its circulating coinage. While there is a general impression that old coins are too expensive for new collectors to collect that couldn't be further from the truth. For just a few dollars you could obtain a later year mint-state pre-decimal coin, and for less than the cost of a modern proof set you can purchase a George V (1911-1936) pre-decimal coin.

The case for certified coins

Walter Eigner The debate on certified coins vs uncertified coins has been going on in Australia since PCGS first reached the mainstream Australian market back in 2008. While today most Australian coin collectors favour PCGS graded coins, a recent incident has reaffirmed the importance of and buying certified coins and valuing them first, especially when buying on-line.

Valuing Old Coins

Walter Eigner By far the most common question we get asked is "what is my coin worth?" Perhaps you found a few old coins which is why you're here reading this article. Maybe you're a seasoned collector already looking to get more precise values for your coins than the printed catalogues can offer. Perhaps you're an investor looking to value your coin portfolio. This guide will cover all of that.

The Silver of Edward VII

Walter Eigner Although Australia had been a nation since 1901, it wasn't until 1910 that her first official coins were produced. While the Melbourne mint was producing sovereigns and half sovereigns at the time, these were technically Imperial British coins. The first coins issued specifically for Australia were struck in silver and of the denominations threepence, sixpence, shilling, and florin. These featured the Australian Coat of Arms on the reverse and the crowed bust of King Edward VII on the obverse.

Sydney Mint Half Sovereigns

Walter Eigner The discovery of gold in the colony New South Wales in 1851 prompted a surge of immigration among prospectors seeking wealth in the new colony. This lead to the production of half sovereigns in Sydney as of 1855. Only 3.3 million half sovereigns were produced from 1855 to 1869 resulting in individual years being very scarce and valuable. To add to this, the high bullion content of Sydney mint half sovereigns, which were alloyed with silver, compared with their British counterparts, which were alloyed with copper...
Previous Page: Rare Pre-Decimal VarietiesNext Page: Square Pennies

A Point in History through Rare Pre-Decimal Coins

Rare Pre-Decimal Dates

Apart from the more well-known rare coins in the pre-decimal collection, it is worth to mention other popularized varieties of rare pre-decimals as well.

1932 Florin

The 1932 Florin's low mintage of 188,000 represents a glimpse of the time it was produced; this was during the Great Depression with little need for coins to circulate around in a low demanding economy. The 1932 Florin is the rarest in the series of florin coins and is widely collected in any grade.

1933 Shilling

The 1933 Shilling is another rare coin in the pre-decimal struck at the Melbourne Mint. Its rarity comes from its low mintage of 200,000 reflecting the high unemployment at that time reaching its peak in Australia of thirty-two percent. The Great Depression explains why there was such a limited production of the coin and none was issued in 1932. Moreover, the low mintage of this key date means that it's harder to find the 1933 Shilling in mint condition and when it does appear it is valued at a very high price.

1934-35 Melbourne Centenary Florin

The next rare coin worthy of mention is the Centenary Florin that marks the hundredth anniversary of the state of Victoria in 1834 and the settlement of the city of Melbourne in 1835. This 1934-35 Florin is the scarcest commemorative with a recorded mintage of 75,000 and out of that only 54,000 were sold. The rest of the coins were sent back to Melbourne Mint to remelt. The issuing of this coin, though during the Great Depression, is used to fund for the Melbourne Centenary celebrations.

Previous Page: Rare Pre-Decimal VarietiesNext Page: Square Pennies