An Australia 1 Florin (92.5% Silver, 1910–1945) contains 0.3364 troy oz of pure silver, worth $18.18 at today's spot price.
The florin, worth two shillings, was part of Australia's first Commonwealth coinage in 1910. Florins dated 1910–1945 are sterling silver; from 1946 the silver content was cut to 50%.
Melt values use these spot prices (US dollars):
- Silver $54.05 per troy oz Current quote · Quote time Oct 24, 2:19 AM EDT
Some prices could not be refreshed recently and may be out of date.
Melt value is the metal content at spot price, not a buy or sell price. Collectible coins can be worth much more. For reference only.
Specifications
| Years | 1910–1945 |
|---|---|
| Face value | 1 Florin |
| Composition | 92.5% silver |
| Gross weight | 11.31 g |
| Fineness | .925 (92.5%) |
| Pure metal | 0.3364 troy oz (10.462 g) |
How the melt value is worked out
Melt value is the pure silver in the coin multiplied by the spot price. We use the coin's standard minted weight; worn coins weigh slightly less.
-
11.31 g × .925 fine ÷ 31.1035 g per troy oz = 0.3364 troy oz
0.3364 troy oz × $54.05 spot = $18.18
How to identify it
- Edward VII appears on the 1910 florin, George V on 1911–1936 coins and George VI on 1938–1945 coins. None were struck in 1920, 1929, 1930 or 1937.
- Florins up to 1936 show the coat of arms with a seven-pointed star above; from 1938 a crown sits above a new coat of arms.
- Mint marks include H (Birmingham) and M (Melbourne) on some early dates, and S (San Francisco) below the arms on 1942–1944 coins.
- Two commemorative florins are also sterling: the 1927 Parliament House (Canberra) florin and the 1934–35 Melbourne centenary florin.
Melt value vs. collector value
Worn George VI florins usually trade close to melt. The 1932, 1914 H and 1915 dates are rare, and the 1934–35 centenary florin and coins in high grade sell well above melt.