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1911 Threepence



Almost a year after the coronation of King George V in May 1910 (Wikipedia, 2011), the Royal mint, London began to strike threepence for Australia bearing the new portrait of King George V, designed by Australian sculptor, Sir Bertram MacKennel. The late production was due to surplus, unworn 1910 dies bearing the bust of the late Edward VII remaining and the strong demand for circulating currency in Australia, especially the lower denominations. A total of 8 million threepence were produced in 1911 though this figure includes those 1910 threepence struck during the year also. It is estimated that only 2 million bore the date 1911.

The date is almost always well struck up, especially the reverse and well defined reverse rims usually protected it from wear right down to the low AU grades. This hard wearing reverse created the misconception that the obverse of the 1911 is often poorly struck up with many coins bearing lustrous reverses displaying only 6 pearls and a flat center diamond - this is almost always due to circulation wear rather than a soft strike.

Some later strikes do however display some die filling but this can clearly be differentiated from circulation wear as it tends to affect isolated details rather than the more generalized presence of wear caused by circulation. The illustration below shows a typical case of die fill on the obverse of a 1911 threepence.

Die fill on a 1911 threepence
Die fill on a 1911 threepence

Notice how the 2nd set of pearls is somewhat flat yet the surrounding area is unworn. The isolated nature of this missing detail makes it readily differentiable from a worn coin. The presence of mint lustre further verifies this conclusion.

The date is readily available in circulated grades and reasonably common in mint state which makes it a popular type coin, though sourcing examples beyond MS64 can still be quite a challenge.

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Contents
Mintage
Notes about Mintage

  • 6,000,000 of the threepence minted in 1911 were dated 1910 leaving an actual mintage of 2,000,000
  • 8,000,000
    Reverse Designer
    W. H. J. Blakemore
    Obverse Designer
    Sir E. B. MacKennel
    Weight
    1.41 grams
    Size
    17 mm
    Composition
    92.50% Silver
    7.50% Copper
    Bullion Value
    $1.22
    1911 George V Threepence
    Reverse

    1911 George V Threepence
    Obverse

    Valuation
    Typical Handled: $1  
    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
    • die - A cylindrical punch with an inverted impression of a coin's design used to strike the coin
    • die fill - Filling of a device on the die with residue, usually oil from die cleaning, causing parts of the design not to be complete when the coin is struck
    • mint - a facility that produces coins
    • mint lustre - The original reflectivity of a coin
    • mint state - A state of a coin that shows no signs of circulation
    • obverse - The heads side of the coin
    • reverse - The tails side of the coin
    • rim - The edge around a coin, often with beading or denticles
    • type coin - A coin chosen to represent a series in a type set, usually for cost or quality reasons

    Numismatic Glossary - View the full glossary of numismatic terms.

    References

    References - View full bibliography

    Index