The 1924 Florin was produced at both the Melbourne and Sydney Mint with a total mintage of 1,582,674. This was a slightly low mintage due to a reduced overall demand for coins which began in around 1922. Population reports by PCGS show that this type is relatively scarce with the majority of mint-state pieces grading MS63 and the finest piece grading MS66.(PCGS, 2017) Collectors seeking more affordable mint-state example from this era may do well to investigate the 1928 or 1931 Florin.
This was the first year that the Sydney Mint had been involved in the production of Australian Florins. The Mint had been struggling for a number of years with substantial losses causing fears that the establishment would soon be closed. Some in Sydney had expressed substantial anger that the Melbourne Mint had been used as the key mint for the new Australian currency and encouraged the coinage demand to be split. The Sydney newspaper 'The Sun' defended their Mint and argued that the Melbourne Mint had been unfairly favoured. It also claimed that, when the Commonwealth establishes its own mint, it should be in Sydney.(The Sun, 1923) The increased role of the Sydney Mint in producing Florins and other Australian coins would not save the mint which shut down in 1926.
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.