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Australia George V

1933  One Shilling reverse 1933  One Shilling obverse

1933 One Shilling

Mintage:220,000
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 1933 Shilling was struck at the Melbourne Mint to a mintage of 200,000 - the lowest mintage of the series. This very low mintage has made the type very scarce with only 47 pieces in total graded by PCGS of which less than fifteen are graded at a mint-state. In mint-state the type is worth a small fortune with only the 1915-H Shilling reaching higher prices in this series.

The low mintage in 1933 may have been related to the economic climate of the time. The Great Depression had devastated Australia with unemployment rates reaching thirty-two per cent in 1932. Naturally the amount of spending that occurred throughout the country during that time was low, reducing the demand for coins. This would explain both the limited issue in 1933 and the lack of any shillings being issued in 1932.

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