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1951-PL Threepence



In 1951 the Royal mint London produced 40 million threepence for Australia distinguished from the 1951 Melbourne mint threepence (Learn more about the 1951 Threepence) by the mintmark PL, abbreviated from pecunia londīniī (money of London) or percussa londīniō (struck at London).


PL mintmark of the 1951 London threepence

The 1951-PL threepence by far the most common threepence of the Type II George VI series due to the large initial mintage and while the coin is always very well struck up, the surfaces are often bagged due to the rough shipping process from London to Australia. Consequently grades above MS64 can be quite scarce even though the coin is often given a Gem or FDC grading in Australia, microscopic hairlines typically result in a grading of around MS63 to MS64.

Due to the coin being well struck up and the general unfamiliarity many collectors have with grading George VI Commonwealth coins, one must be extra careful in differentiating a dipped circulated piece with a mint state coin.

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Contents
Mintage
40,000,000
Reverse Designer
George Kruger Gray
Obverse Designer
Thomas H. Paget
Size
17 mm
Composition
50.00% Silver
40.00% Copper
5.00% Nickel
5.00% Zinc
Bullion Value
67¢
1951-PL George VI Threepence
Reverse

1951-PL George VI Threepence
Obverse

Valuation
Typical Handled: 75¢  
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
  • 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
  • mintmark - A marking, usually a letter or dot that signifies which mint struck a particular coin

Numismatic Glossary - View the full glossary of numismatic terms.

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