Blue Sheet > Australia> Commonwealth Coinage> Florin> George VI> Type I > 1947 Florin

1947 Florin



The 1947 florin is one of the easiest dates in the series, owing to a high mintage of 39 million coins, though in mint state it is not nearly as common as the 1944-S (Learn more about the 1944-S Florin) or 1946 (Learn more about the 1946 Florin). It was produced at the Melbourne mint and shipped by rail to the various Commonwealth bank branches before being rolled. Consequently even coins from original bank rolls are plagued with bagmarks making high mint state grades rare.

Despite this, the 1947 florin still sells at a similar price to the much more common 1946 florin and often cheaper than the even more common 1944-S making it seem somewhat undervalued. Due to the abundance of mint state examples from the numerous bank rolls that have surfaced, circulated 1947 florins are worth very little, usually only selling for bullion value.

The Melbourne mint also produced a proof strike in 1947 - Learn more about the 1947 Proof Florin.

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Contents
Mintage
39,292,800
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
$5.22
1947 George VI Florin
Reverse

1947 George VI Florin
Obverse

Valuation
Typical Handled: $5  
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.  

Glossary
  • bagmarks - Surface marks caused by impact from other coins during the handling process before the coin enters circulation
  • bank roll - A common means of distributing coins where a bank would roll coins before distributing them to branches or customers
  • 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.

Links

Index