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There is a G below the thistle and R below the shamrock, and the inscription FID DEF IND IMP TWO SHILLINGS date until 1948. From 1949, the coins were struck without the IND IMP, in acknowledgement of India's independence. From 1947, the metal content was changed, as for all British silver circulating coins, to 75% copper, 25% nickel.
1942 S florin minted during the reign of George VI, showing the last common reverse design for Australian florins. Florins minted from 1910 to 1945 were produced with a .925 sterling silver content, weighing 11.31 grams (0.3636 troy ounces) with an actual silver weight (ASW) of 10.46 grams (0.3363 ozt). Florins minted from 1946 to 1963 were ...
Portrait of King George VI. Designed by Thomas H. Paget. Ram's head facing left, "AUSTRALIA" above, two Federation stars, "SHILLING" and year below. Designed by George Kruger Gray. 1938 1938–1944 50% silver, 40% copper, 5% zinc, 5% nickel: 1946 1946, 1948, 1950, 1952 Portrait of Queen Elizabeth II. Designed by Mrs Mary Gillick. 1953 1953–1963
[16] [17] The obverse of the coin, like other New Zealand coinage of the period, shows an uncrowned bust of George VI designed by Humphrey Paget. [18] Struck in .500 fineness, the 1949 crown was the sole circulating silver coin in New Zealand following the abandonment of silver coinage in favour of cupronickel in 1947. [19]
The British florin (or two-shilling piece) was a large silver coin, first entering circulation under Victoria in 1849. [2] It began to circulate in New Zealand during the mid-19th century alongside various other silver coinage, including American, Spanish, French, and Dutch issues and with other British silver denominations.
Issued in 50% silver until a postwar rise in silver prices triggered a shift to cupronickel in 1947, the coin was minted with relative consistency until 1965, when it was discontinued following decimalisation and the adoption of the New Zealand dollar. Shillings remained legal tender as 10c coins until they were demonetised on 31 October 2006.
The florin had been introduced because of increasing silver prices after World War I. At that time, the Indian rupee was the currency of the British East African states. The rupee, being a silver coin, rose in value against sterling. When it reached the value of two shillings, the authorities decided to replace it with the florin.
Until decimalisation crowns (five shilling coins) were used for this purpose as they were the highest denomination of the time, but due to inflation this role has been transferred to higher value coins. Crowns, £5 coins and (until 1996) £2 coins are non-circulating, although they are still legal tender. These denominations are only used for ...