The 1912 Shilling was the second year in the George V series and was struck at the Royal Mint in London to a mintage of 1,000,000. This relatively low mintage makes the piece quite a challenge to obtain in any grade. In mint-state the piece often exhibits hairlines due to the distribution process via ship from the United Kingdom which makes the type very hard to obtain beyond MS64.
In 1912 this time the price of silver was relatively low meaning which meant that the production of silver pieces was extremely profitable for the Royal Mint. A number of newspaper reports published on this fact expressing some level of dissatisfaction with the low physical value of the Shilling pieces compared to their face-value. One article explained that the production of each Shilling makes the Royal Mint approximately a threepence of profit.(The Telegraph, 1913)
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.