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Australia George V

1917-M  One Shilling reverse 1917-M  One Shilling obverse

1917-M One Shilling

Mintage:5,274,000
Reverse Designer:W. H. J. Blakemore Obverse Designer:Sir E. B. MacKennel Size:24mm Weight:5.66g Edge:Reeded Composition:92.5% Silver
7.5% Copper

Values

Sales History

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The 1917 Shilling was the second of its series to be produced at the Melbourne Mint in Australia. The total mintage for the year was 5,274,000 - the largest mintage of the series so far. As a result of this large mintage the piece is generally easy and affordable to obtain in most grades. Population reports by PCGS show that there are a large number of mint-state examples ranging from MS61 to MS66. Collectors seeking a high mint-state example from this era would be well serviced by the 1917-M or 1916-M.

Melbourne 'M' mint-mark on a 1917-M Shilling. Melbourne 'M' mint-mark on a 1917-M Shilling.

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 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 first Australian Shilling was struck at the Melbourne Mint on the 11th of January 1916 by the State Governor Sir Arthur Stanley. This marked a major turning point with most years following, including the 1917, featuring large mintage's and reduced overall scarcity.

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