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Appearance & Value
There are three basic coin types in the Australian KGVI florin series, each featuring the iconic kangaroo & emu design on one side.
In addition, within the WWII era, are 3 ‘S’ mintmarked dates – coins were produced by the San Francisco mint and sent over.
They differ in the design of the ‘heads’ side – after 1947, “IND:IMP.” no longer appeared.
Another significant change was the reduction in the amount of silver used in each – from 1946 they are 50% Ag.
None were made in 1948-50, all the coins produced from 1946-52 were 50% silver, so it’s 6 coins per troy ounce ASW for those later coins… with the 1945 and earlier all sterling silver (.925, 3 coins to the ounce).
There was a commemorative in 1951, which does not have the kangaroo/emu.
All nice coins to look at in good grade and there are a few that stand out for one reason or another…
Low Mintage Year…rumours!
Production of these florins varied greatly, as many as 37 M in 1947 and the 3 lowest :
- 1939 = .63M
- 1938 = 2.99M
- 1942s = 6M
(source: Renniks 30th Ed)
The heavy rumour is that many of the coins from 1945 were melted down to make the reduced fineness 1946 run which required 23 million odd coins! ( much higher than earlier runs ) ; so the actual number of ’45s is smaller… and it is harder to find than its mintage numbers would suggest…
1st of the series
Despite having a low mintage of around 3 M, the 1938 is not as sought after as the lowest mintage 1939, which is the key date and can be a relatively expensive item.
Typeset collectors would need an example of each.
The options for the earlier type (KM# 40) don’t necessarliy have to include the mintmarked dates, although that’s one possible avenue…
The other two types are each restricted to a two year period, one from 1946-47 and the other from 1951-52. Both of these are only half silver…but…
…certainly I still like to nab them, so long as they’re not completely clapped out!