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Australia George V

1916-M  Threepence reverse 1916-M  Threepence obverse

1916-M Threepence

Mintage:1,913,500
Mint:Melbourne Mint Monarch:George V Reverse Designer:W. H. J. Blakemore Obverse Designer:Sir E. B. MacKennel Size:17mm Weight:1.41g Edge:Plain Composition:92.5% Silver
7.5% Copper

Values

Sales History

The 1916-M Threepence was the first of its series to be produced at the Melbourne Mint in Australia. The total mintage for the piece was 1,913,500 which was somewhat low but not to an extent that has created substantial scarcity. Collectors seeking a mint-state example will be required to spend close to a thousand dollars. Budget conscious collectors may find a 1917-M, 1918-M, and 1919-M piece a better choice.

Melbourne 'M' mint-mark on a 1916-M Threepence. Melbourne 'M' mint-mark on a 1916-M Threepence.

In late 1915 it was decided that the production of Australia's coinage would be shifted from Britain to Australia. New dies from the Australian Shilling, Florin, Sixpence, and Threepence were produced in London for use at the Melbourne Mint with a small 'M' mint-mark. Arrangements were also made for Australia's bronze coinage to be struck at the Royal Mint in Calcutta. The production of Silver Coinage at the Melbourne branch of the Royal Mint began on the 12th of January 1916.

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