A United Kingdom 1 Shilling (92.5% Silver, 1838–1919) contains 0.1682 troy oz of pure silver, worth $9.09 at today's spot price.
The shilling, worth twelve pence, was struck in sterling silver for Victoria, Edward VII and George V until 1919. From 1920 British shillings were 50% silver.
Melt values use these spot prices (US dollars):
- Silver $54.05 per troy oz Current quote · Quote time Oct 23, 7:10 PM 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Some prices could not be refreshed recently and may be out of date.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 | 1838–1919 |
|---|---|
| Face value | 1 Shilling |
| Composition | 92.5% silver |
| Gross weight | 5.655 g |
| Fineness | .925 (92.5%) |
| Pure metal | 0.1682 troy oz (5.231 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.
-
5.655 g × .925 fine ÷ 31.1035 g per troy oz = 0.1682 troy oz
0.1682 troy oz × $54.05 spot = $9.09
How to identify it
- Young head Victorian shillings (1838–1887) carry William Wyon's portrait, some with W.W. on the neck, and ONE SHILLING in a wreath under a crown on the reverse.
- Later Victorian shillings show the Jubilee head (1887–1892) or the veiled old head (1893–1901).
- Edward VII (1902–1910, facing right) and George V (facing left) shillings show a lion standing on a crown.
- Only coins dated 1919 or earlier are sterling. George V shillings dated 1920 or later look the same but hold less silver.
Melt value vs. collector value
Worn George V and late Victorian shillings usually trade close to melt. Early young head dates, Edward VII coins and well-kept coins of any reign can sell for more.