Crown (Australian Coin)
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Crown (Australian Coin)
The Australian Crown was a coin used in the Commonwealth of Australia prior to decimalisation in 1966. The denomination was only minted in 1937 and 1938. It was of similar size and weight to the British Crown and was made of sterling silver for both its years of production. Like the British Crown, the Australian Crown was worth five shillings. The Crown was originally intended to commemorate the ascension of King Edward VIII; however, due to his abdication, it was instead struck to commemorate the ascension of King George VI George VI (Albert Frederick Arthur George; 14 December 1895 – 6 February 1952) was King of the United Kingdom and the Dominions of the British Commonwealth from 11 December 1936 until Death and state funeral of George VI, his death in 1952. .... The Crown quickly lost its commemorative appeal and its lack of popularity led to its production being terminated. 1,008,000 Australian Crowns were minted in 1937 and 101,600 were minted in 1938, making the 19 ...
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Shilling
The shilling is a historical coin, and the name of a unit of modern currencies formerly used in the United Kingdom, Australia, New Zealand, other British Commonwealth countries and Ireland, where they were generally equivalent to 12 pence or one-twentieth of a pound before being phased out during the 20th century. Currently the shilling is used as a currency in five east African countries: Kenya, Tanzania, Uganda, Somalia, as well as the ''de facto'' country of Somaliland. The East African Community additionally plans to introduce an East African shilling. History The word ''shilling'' comes from Old English "Scilling", a monetary term meaning twentieth of a pound, from the Proto-Germanic root skiljaną meaning 'to separate, split, divide', from (s)kelH- meaning 'to cut, split.' The word "Scilling" is mentioned in the earliest recorded Germanic law codes, those of Æthelberht of Kent. There is evidence that it may alternatively be an early borrowing of Phoenician ...
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George VI
George VI (Albert Frederick Arthur George; 14 December 1895 – 6 February 1952) was King of the United Kingdom and the Dominions of the British Commonwealth from 11 December 1936 until Death and state funeral of George VI, his death in 1952. He was also the last Emperor of India from 1936 until the British Raj was dissolved in August 1947, and the first Head of the Commonwealth following the London Declaration of 1949. The future George VI was born in the reign of his great-grandmother Queen Victoria; he was named Albert at birth after his great-grandfather Albert, Prince Consort, and was known as "Bertie" to his family and close friends. His father ascended the throne as George V in 1910. As the second son of the king, Albert was not expected to inherit the throne. He spent his early life in the shadow of his elder brother, Edward VIII, Prince Edward, the heir apparent. Albert attended naval college as a teenager and served in the Royal Navy and Royal Air Force during the W ...
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Crown (British Coin)
The British crown was a denomination of sterling coinage worth of one pound, or 5 shillings, or 60 (old) pence. The crown was first issued during the reign of Edward VI, as part of the coinage of the Kingdom of England. Always a heavy silver coin weighing around one ounce, during the 19th and 20th centuries the crown declined from being a real means of exchange to being a coin rarely spent, and minted for commemorative purposes only. Unlike in some territories of the British Empire (such as Jamaica), in the UK the crown was never replaced as circulating currency by a five-shilling banknote. "Decimal" crowns were minted a few times after decimalisation of the British currency in 1971, initially with a nominal value of 25 (new) pence. However, commemorative crowns issued since 1990 have a face value of five pounds. History The coin's origins lie in the English silver crown, one of many silver coins that appeared in various countries from the 16th century onwards (most fa ...
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Shilling (Australian)
The Australian Shilling, informally called a "bob", was a type of silver coinage issued by the Commonwealth of Australia, that circulated prior to the decimalisation of Australian coinage. The Australian shilling was derived from the British pre-decimal sterling pound system (the British shilling) and was first issued following the passing of the Australian ''Coinage Act 1909'', which established Australia's first formal currency system. The shilling was issued as part of Australia's silver coinage, which included the two-shilling ( florin), the sixpence and the threepence. The shilling was minted from 1910 until 1963. During this period there was one significant modification to the design of the Australian shilling, the change in its reverse design, which occurred in 1938 when the design was altered from the Australian Coat of Arms (1910-1936) to the visage of a Merino ram’s head (1938-1963).Royal Australian Mint, n.d. Before decimal currency - what did Australia use, p.1. ...
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Edward VIII
Edward VIII (Edward Albert Christian George Andrew Patrick David; 23 June 1894 – 28 May 1972), later known as the Duke of Windsor, was King of the United Kingdom and the Dominions of the British Empire and Emperor of India from 20 January 1936 until Abdication of Edward VIII, his abdication in December of the same year. Edward was born during the reign of his great-grandmother Queen Victoria as the eldest child of the Duke and Duchess of York, later King George V and Mary of Teck, Queen Mary. He was created Prince of Wales on his 16th birthday, seven weeks after his father succeeded as king. As a young man, Edward served in the British Army during the First World War and undertook several overseas tours on behalf of his father. While Prince of Wales, he engaged in a series of sexual affairs that worried both his father and then-British prime minister Stanley Baldwin. Upon Death and state funeral of George V, his father's death in 1936, Edward became the second monarch of the ...
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Coin Grading
Coin grading is the process of determining the grade or condition of a coin, one of the key factors in determining its value. A coin's grade is generally determined by six criteria: strike, preservation, luster, color, attractiveness, and occasionally the country/state in which they’re minted. Several grading systems have been developed. Certification services professionally grade coins for tiered fees. Overview A "grade" measures a coin's appearance. There are generally five main components which determine a coin's grade: strike, surface preservation, luster, coloration and eye appeal. Grading is subjective and even experts can disagree about the grade of a given coin. History U.S. coin grading has evolved over the years to a system of finer and finer grade distinctions. Originally, there were only two grades, new and used. This changed to the letter grading system beginning with the lowest grade – ''Basal State'' (also ''Poor'' (PO)), then continuing ''Fair'' (Fr), ''Abou ...
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Coins Of Australia
Australian coins refers to the coins which are or were in use as Australian currency. During the early days of the colonies that formed Australia, foreign as well as British currency was used, but in 1910, a decade after federation, Australian coins were introduced. Australia used pounds, shillings and pence until 1966, when it adopted the decimal system with the Australian dollar divided into 100 cents. With the exception of the first Proclamation Coinage and the holey dollars, all Australian coins remain legal tender despite being withdrawn from circulation. First coins For many years after the first Australian colony, New South Wales (NSW), was founded in 1788, it did not have its own currency and had to rely on the coins of other countries. During the early days of the colony, commodities such as wheat were sometimes used as a currency because of the shortage of coins. Also many transactions were carried out using promissory notes or a barter system, which included traffick ...
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Silver Coins
Silver coins are considered the oldest mass-produced form of coinage. Silver has been used as a coinage metal since the times of the Greeks; their silver drachmas were popular trade coins. The ancient Persians used silver coins between 612–330 BC. Before 1797, British pennies were made of silver. As with all collectible coins, many factors determine the value of a silver coin, such as its rarity, demand, condition and the number originally minted. Ancient silver coins coveted by collectors include the Denarius and Miliarense, while more recent collectible silver coins include the Morgan Dollar and the Spanish Milled Dollar. Other than collector's silver coins, silver bullion coins are popular among people who desire a "hedge" against currency inflation or store of value. Silver has an international currency symbol of XAG under ISO 4217. Origins and early development of silver coins The earliest coins in the world were minted in the kingdom of Lydia in Asia Minor around 600 B ...
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1937 Establishments In Australia
Events January * January 1 – Anastasio Somoza García becomes President of Nicaragua. * January 5 – Water levels begin to rise in the Ohio River in the United States, leading to the Ohio River flood of 1937, which continues into February, leaving 1 million people homeless and 385 people dead. * January 15 – Spanish Civil War: Second Battle of the Corunna Road ends inconclusively. * January 20 – Second inauguration of Franklin D. Roosevelt: Franklin D. Roosevelt is sworn in for a second term as President of the United States. This is the first time that the United States presidential inauguration occurs on this date; the change is due to the ratification in 1933 of the Twentieth Amendment to the United States Constitution. * January 23 – Moscow Trials: Trial of the Anti-Soviet Trotskyist Center – In the Soviet Union 17 leading Communists go on trial, accused of participating in a plot led by Leon Trotsky to overthrow Joseph Stalin's regime, and assas ...
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