The 1916 Shilling was the first of its series to be produced at the Melbourne Mint in Australia. The total mintage for the year was 5,141,000 - the largest mintage of the series so far. As a result of this large mintage the piece is quite easy and affordable to obtain in most grades. Population reports by PCGS show that they have graded more examples of the 1916-M Shilling than any other year in the George V series with quite good numbers of pieces ranging up into MS63, MS64, and MS65. Collectors seeking a high mint-state example from this era would do well to choose the 1916-M.
In late 1915 it was decided that the production of Australia's coinage would be shifted from Britain to Australia. New dies from the Australian Shilling, Florin, Sixpence, and Threepence were produced in London for use at Melbourne Mint with a small 'M' mint-mark. Arrangements were also made for Australia's bronze coinage to be struck at the Royal Mint in Calcutta. The first Australian Shilling was struck at the Melbourne Mint on the 11th of January 1916 by the State Governor Sir Arthur Stanley. This marked a major turning point with most years following featuring large mintage's and reduced overall scarcity.
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.