Australian Crown (Sterling) melt value & silver content
1937–1938 · 92.5% silver · 0.84090 troy oz of pure silver per coin.
What a Crown (Sterling) is worth
The melt value of a Crown (Sterling) is its 0.84090 troy oz of pure silver multiplied by the silver spot price. It contains 92.5% silver, and at a face value of 5/- that works out to 3.3636 troy oz of silver for every pound of face value. The calculator above uses the current spot price, so the figure it shows is what the silver in the coin is worth right now.
Melt value is a floor, not a price. A Crown (Sterling) in collectible grade, or a scarce date, can be worth well above its silver. Dealers also buy under melt and sell over it — the spread is how they make money, so expect to pay a premium buying and receive a discount selling.
What a Crown (Sterling) works out to
| Quantity | Silver | Melt value |
|---|---|---|
| One coin | 0.84090 oz | — |
| A troy ounce of silver | 1.2 coins | — |
| £1 of face value | 4 coins | — |
Melt value updates with the spot price above.
Silver standards in Australia
Australia struck to the British imperial standard, so an Australian coin of the sterling era matches its British counterpart in weight and in 92.5% fineness. The dates are what differ: Australia stayed on sterling until 1945 — a quarter-century after Britain dropped to 50% — then moved to 50% itself for the final pre-decimal run.
A British and an Australian florin of the sterling era are interchangeable by weight. A 1930 pair is not: the British one is already 50% silver while the Australian one is still sterling.
The same coin was struck to this standard elsewhere: Great Britain Crown (Sterling) — identical weight and fineness, different dates.
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