The 1923 Florin was produced at the Melbourne Mint with a total mintage of 1,038,464. This was the lowest mintage for a number of years however the coins overall scarcity and sales prices does not seem to reflect this. Population reports by PCGS show similar populations of the 1923 Florin and the years that immediately surround it.(PCGS, 2017) The majority of examples in mint-state are MS62 and surprisingly the highest graded example is an impressive MS67.
The low mintage in 1923 was related to a reduced overall demand for coins. One report in the Sydney newspaper 'The Sun' showed that between '1921 and 1922' the total coinage orders were £356,675 compared to an average of £448,985 for the seven years prior.(The Sun, 1923) It is hard to determine if this slump was due to the rapidly altering economic climate of the 1920s or the mints successfully resolving the earlier coin shortage.
MintageMintageMintageValues are in AUD and are retail price estimations based on past sales of coins certified by PCGS or NGC and as such values only related to such graded coins. Uncertified coins or coins graded by other services would likely be worth significantly less. For wholesale pricing please refer to the Red Sheet. While all attempts to ensure accurate pricing, data entry errors can occur and as such no warranty is expressed or implied as to the accuracy of any information published on this website. It is important to verify all published sales to ensure the accuracy of the pricing when making any purchase decision. Any personal information provided to us is protected by the Privacy Act 1988.