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What is an Australian Crown coin?

Updated: 8/17/2019
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14y ago

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An Australian Crown was a Five Shilling coin of silver appearance which was only minted in Melbourne in 1937 and 1938.

The coin was called a Crown, its value was Five Shillings.

There were 60 pence in a Crown, and 4 Crowns in One Pound.

From 1937 to 1938, their composition was 92.5% silver and 7.5% copper. They had a milled edge, weighed 28.27 grams and were 38.5 mm in diameter.

They were originally minted to commemorate the Coronation of King George VI, but proved to be an unpopular coin possibly due to their large size and weight.

They were progressively withdrawn from circulation or absorbed into coin collections and none seem to have remained in circulation for very long.

In modern currency, a Crown was the equivalent of 50 cents.

All Australian Coins have the reigning Monarch on the obverse. From 1937 to 1938, the Crown had a "Crown" on the reverse with the words COMMONWEALTH OF Australia around the top and ONE CROWN and the year at the bottom.

From a coin collectors perspective, Australian Crowns, depending on year, condition and method of minting, can be worth anything from $16 to $95,000 AUD.

Please note that since the Crown is part of a redundant or obsolete currency, it no longer has an "exchange rate" with other currencies.

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