Australia Silver History

Australian silver coinage follows a distinct "Pre-War" and "Post-War" split. Prior to 1946, Australian coins were minted in Sterling Silver (92.5%). This changed drastically after WWII, when the government was forced to debase the coinage to 50% silver to repay the United States for silver provided under the "Lend-Lease" program.

The most famous anomaly in Australian stacking is the 1966 Round 50 Cent. It was minted for only one year at 80% purity before silver prices made the coin worth more than its face value, leading to its replacement with the dodecahedral (12-sided) cupro-nickel version used today.

CoinPurityYearsASW (oz)
Crown (5/-)92.5%1937-19380.8410
Round 50¢80.0%19660.3416
Florin (2/-)92.5%1910-19450.3364
Florin (2/-)50.0%1946-19630.1818
Shilling (1/-)92.5%1910-19450.1683
Shilling (1/-)50.0%1946-19630.0910
Sixpence (6d)92.5%1910-19450.0841
Threepence (3d)92.5%1910-19450.0420
STEALTH PRO TIP: In the 1946-1963 "Quaternary" (50%) era, Australia used a specific alloy containing silver, copper, nickel, and zinc. These coins tend to tone with a yellowish-green hue compared to the bright white of the earlier 92.5% Sterling issues.
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