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 (Learn more about the 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accounts for its availability in mint state but the relatively high mintage of 22 million, designed to compensate for withdrawn sterling silver currency, also assists in its availability.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 (Learn more about the 1946 Pattern in Cupro-Nickel Florin).

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Contents
Mintage
22,154,000
Reverse Designer
George Kruger Gray
Obverse Designer
Thomas H. Paget
Size
28.5 mm
Composition
50.00% Silver
40.00% Copper
5.00% Nickel
5.00% Zinc
Bullion Value
$4.25
Image
Reverse

Image
Obverse

Valuation
Typical Handled: $4  
This valuation represents a typical handled example of the coin. Coins in better condition will command a substantial premium over the listed price. For example, an average 1911 florin is worth around $50, but in choice uncirculated condition is worth about $15,000! To view valuations in higher grades, please click here to subscribe.  

Current Auctions
Australia George VI - 1946 Florin Reserve: $1.00
Estimate: $70 - $85
Lot 4046 PCGS MS63 11 days
Walter Eigner Numismatics
Location: Canberra, ACT
Member Since: Aug-2010
Australia George VI - 1946 Florin Reserve: $1.00
Estimate: $40 - $50
Lot 3699 Uncertified Uncirculated 12 days
Walter Eigner Numismatics
Location: Canberra, ACT
Member Since: Aug-2010
Australia George VI - 1946 Florin Reserve: $1.00
Estimate: $20 - $24
Lot 3839 Uncertified good Extremely Fine 12 days
Walter Eigner Numismatics
Location: Canberra, ACT
Member Since: Aug-2010

Glossary
  • bank roll - A common means of distributing coins where a bank would roll coins before distributing them to branches or customers
  • debase - The state act of reducing the precious metal content of a denomination
  • mint - a facility that produces coins
  • 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

References - View full bibliography

Links

Index