1945 Shilling

Discussion in 'Numismatics' started by hiho, Nov 28, 2012.

  1. hiho

    hiho Active Member Silver Stacker

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    Anyone have one? Any idea of value range?

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    Source:
     
  2. Austacker

    Austacker Active Member

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    Yeah got a couple LOL ;)
     
  3. wwwww

    wwwww Member

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    I take your 1945 shilling:

    [​IMG]

    and raise you a 1919 shilling:

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  4. hiho

    hiho Active Member Silver Stacker

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    lets not muck about, the mortgage on this

    [​IMG]
    Source:
     
  5. Auspm

    Auspm New Member

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    I have both and more. :)

    Some interesting information about the Shilling :

    Australian shillings, twenty of which made up one Australian pound, were first issued in 1910, with the Australian coat of arms on the reverse and King Edward VII on the face. The coat of arms design was retained through the reign of King George V until a new ram's head design was introduced for the coins of King George VI. This design continued until the last year of issue in 1963. In 1966, Australia's currency was decimalised and the shilling was replaced by a ten cent coin (Australian), where 10 shillings made up one Australian dollar.

    The slang term for a shilling coin in Australia was "deener". The slang term for a shilling as currency unit was "bob", the same as in the United Kingdom.

    After 1966, shillings continued to circulate, as they were replaced by 10-cent coins of the same size and weight.


    The post war version of the Australian Shilling with 50% is actually very close to the ancient Roman Denarius coin by silver weight, the equivalent daily wage of Roman soldiers back in the day.

    Interesting coincidence.
     
  6. hiho

    hiho Active Member Silver Stacker

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    not to mention AusPM that one bob is now valued at $5 because of its silver content. Thats an overall inflation of 5000%
     
  7. Austacker

    Austacker Active Member

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    And it still couldn't buy what you could have with it in the years in circulation ? I bet it purchased more than $5 worth of today's products.
     
  8. Auspm

    Auspm New Member

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    $5 pre, $3 post.

    Interesting side point is that much of the world lives on about $2 a day today.

    When you consider how this coincides with historical references (and currency inflation figures aside), it's fair to say that silver has actually retained it's historical value quite well.

    Or looking at it from the currency perspective, you could say that the currency we use has devalued by an equally inverse proportion.




    I actually really like the post was shilling for a SHTF coin for this very reason - the fact it's a great design (very distinctly Australian!) is just icing on the cake.
     

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