Blue Sheet > Australia > Commonwealth Coinage > Florin > George VI > Type I > 1946 Florin

1946 Florin

1946 marked the first year pre-decimal coins were struck with the new
debased silver alloys, reducing to a 50% silver content which caused strong hoarding of previous years, one most notable hoard, the Vienna which predominantly consisted of 1944 San Francisco
mint florins (1944-S Florin). Numerous Commonwealth
bank rolls have surfaced of the 1946 florin which accounts for its availability in
mint state but the relatively high
mintage of 22 million, designed to compensate for withdrawn sterling silver currency, also assists in its availability.

The date is readily available in MS63 and lower, with the survival rate of MS64 pieces, approximately 1 in 5 to MS63. Examples in MS65 are practically unheard of with a survival rate of around 1 in 50.

There are two known varieties of the 1946 florin, the common type which features an inverted '9' for the '6' in the date and the scarcer type has a large circle in the '6' much like the florins of the 1960s (Triton Technologies International Ltd, 2001).

The common type featuring an inverted '9' in place of the '6'.

The scarce type featuring a '6' similar to the florins of the 1960s.

The latter is much scarcer especially in
mint state though demand is restricted to variety collectors and tends not to command strong premiums. In 1946 the Melbourne
mint also experimented with Cupro-nickel florins (1946 Pattern in Cupro-Nickel Florin).
Currently Available
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Reverse Designer
George Kruger Gray
Obverse Designer
Thomas H. Paget
28.5 mm
Silver: 50%
Copper: 40%
Nickel: 5%
Zinc: 5%
Bullion Value
1946  Florin Reverse

1946  Florin Reverse


Grade Value AUD
XF40 $6
AU50 $7
AU55 $8
AU58 $14
MS61 $32
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Currently Available

Australia George VI - 1946 Florin Current Bid: $15.01 (3 bids)
Estimate: $50 - $60
Bidders: 3
Lot 7392 PCGS MS63 19 days
NumisBid Auction #32
Pre-Decimal Coins
07-May-2014 7:30 PM AEST
Walter Eigner Pty Ltd
Location: Melbourne, VIC
Member Since: Jul-2013
Australia George VI - 1946 Florin Current Bid: $1.00 (1 bid)
Estimate: $38 - $60
Bidders: 1
Lot 8993 PCGS MS63 40 days
NumisBid Auction #33
Pre-Decimal Coins
28-May-2014 7:30 PM AEST
Walter Eigner Pty Ltd
Location: Melbourne, VIC
Member Since: Jul-2013

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  • debase - The state act of reducing the precious metal content of a denomination
  • mint - a facility that produces coins
  • bank roll - A common means of distributing coins where a bank would roll coins before distributing them to branches or customers
  • mint state - A state of a coin that shows no signs of circulation
  • mintage - The number of coins struck of a particular designation

Numismatic Glossary - View the full glossary of numismatic terms.


References - View full bibliography