The 1916-M Threepence was the first of its series to be produced at the Melbourne Mint in Australia. The total mintage for the piece was 1,913,500 which was somewhat low but not to an extent that has created substantial scarcity. Collectors seeking a mint-state example will be required to spend close to a thousand dollars. Budget conscious collectors may find a 1917-M, 1918-M, and 1919-M piece a better choice.
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 the 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 production of Silver Coinage at the Melbourne branch of the Royal Mint began on the 12th of January 1916.
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.