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Is the silver value of any Australian coin worth more than the nominal value?
Wiki User
∙ 12y ago
Silver Australian Coins were first issued in 1910 and were made from sterling silver which has a 92.5% silver content.
This changed from 1946 onwards and the silver content was reduced to 50%.
No Australian general circulation coin has had any silver content since 1966, except for the round 1966 50 cent coin.
The silver content of the older predecimal coins possibly values the coins at more than face value, however, if the coins are in good condition, the collector value may be higher.
Wiki User
∙ 12y ago
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