The 1947 Threepence was struck by the Melbourne Mint with a total mintage of 4,176,000. It was the first year that the threepence was issued with a lower than sterling silver content. The reduction from 92.5% silver to 50% silver had occurred due to record highs in the prices of silver. In addition to reducing the profitability of minting there were fears that the value of silver contained within the threepence could become less than the face value, leading people to melt their coins down. Similar concerns had motivated the British to completely abandon silver and adopt a cupro-nickel composition for their coins.(Francis W. Hirst, 1947)
Despite the relatively low mintage compared to earlier years the 1947 threepence is still reasonably affordable and accessible across most grades. In MS65 and higher the year is more expensive than the high mintage 1944-S and 1943-D although excessively so.
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.