Australian Florin

$5,000.00

Priced at $5000.00. it is well below the current recommended retail price, and highly recommended for purchase.

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Description

The Australian florin series is without doubt the most collected of all of the sliver series. Being the largest of all of the issues with the exception of the 2 crowns , I in all is more avidly sought than other type. To have grades of Choice Uncirculated within the period of King George V makes these coins highly desirable, and producing high annual capital returns.
The specifications of design were the obverse was designed by Sir E.B. McKennall the reverse side was designed by W.J.H. Blackmore . Composite speciation’s were 92.5% silver,7.5% copper. Edge reeded to v11.31gms. Size 28.5mm.

On an historical note, with as silver content of 92.5% ,at today’s prices these coins in the lowest grades with no intrinsic value would far exceed theoretical book value at the prices of 1918, with the then price of price of twenty pound and per ounce.

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