Do you have a tin of old Australian silver coins hidden away and sometimes wonder whether they’re worth anything?
Check out this calculator provided by The Australian Coin Collecting Weblog and maybe surprise yourself!
Australian pre-decimal silver coins minted between 1910 and 1945 comprise 92.5% pure silver (aka sterling silver). Later dates contain 50% silver.
When decimal coinage was introduced in 1966, the circular 50 cent coin contained 80% silver. Because the coin’s silver content exceeded its face value, it was consequently minted for 1966 only.
Today, many of these ‘junk’ silver coins are traded for their bullion value.
This calculator is handy in determining the silver bullion content and value of old silver coins, the authors say.