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Detailed information about Coin: Shilling 1937 from New Zealand

Coin: Shilling 1937
Description

Silver currency was introduced in New Zealand in 1933, with the same specifications as the corresponding denominations in the United Kingdom. The New Zealand shilling had identical measurements to the United Kingdom Shilling. Its composition (before it was debased in 1947) was 50% silver, 40% copper, 5% zinc and 5% nickel. 1937 was the first year of issue for King George VI.

With the introduction of decimal currency on 10 July 1967, the newly introduced 10 cents denomination was equal to one shilling; the two coins were identical in size and shillings remained in circulation (and legal tender) in parallel with the new coins until they were both demonetised in 2006, when a smaller ten cents coin was introduced instead.

Thus, one shilling coins issued in 1937 could have circulated for 69 years before they were demonetised on 31 October 2006 (although in practice people would have hoarded them because of their silver content and taken them out of circulation much earlier).

CountryNew Zealand CurrencyNew Zealand Pound
Face value1 (x Shilling) TypeShilling (Silver)
Year1937 CurrentNo (demonetised 2006)
Mintage890,200 (890200)
Mints
NameMint markMintage
Royal Mint No mint mark 890,200 (890200)
MaterialSilver DesignerGeorge Kruger Gray
MonarchKing George VI EffigyPortrait by Thomas Humphrey Paget
Production technologyMilled (machine-made) ShapeRound
Size (mm)23 Thickness (mm)
Mass (g)5.7000
Obverse

Bare head of King George VI facing left; around, the monarch's legend GEORGE VI KING EMPEROR; below the neck truncation in small letters are the artist's initials HP (for [Thomas] Humphrey Paget).

Obverse inscription GEORGE VI KING EMPEROR
Reverse

A figure of a Maori warrior in warlike attitude crouching to left carrying a taiaha (traditional Maori weapon); around above, NEW ZEALAND; around below, the denomination and date ONE SHILLING 1937; at left above the ground line in small letters the artist's initials KG (for [George] Kruger Gray).

Reverse inscriptionNEW ZEALAND ONE SHILLING 1937
EdgeMilled Edge inscriptionNone
Shilling 1937: Known varieties
VarietyMintageDetails
Proof 200 (included in main number)
Shilling 1937: Photos
Shilling 1937: Photo Proof Coin - 1 Shilling, New Zealand, 1937
Proof Coin - 1 Shilling, New Zealand, 1937
Copyright: Museums Victoria / CC BY
Author:
Notes: Proof.
source
Shilling 1937: Photo Proof Coin - 1 Shilling, New Zealand, 1937
Proof Coin - 1 Shilling, New Zealand, 1937
Copyright: Museums Victoria / CC BY
Author:
Notes: Proof.
source
Shilling 1937: Catalogue Reference IDs
SourceReference ID
Krause, Standard Catalog of World CoinsNew Zealand KM# 9
Renniks, New Zealand Coinage Guide115
Australian Coin ChartNB5
Shilling 1937: References to Information Used
SourceEditionAboutLinkNotes
Museums Victoria Collections 2016 Coin description link
John Bertrand, New Zealand Coin and Banknote Catalogue 1965 Mint
Reserve Bank of New Zealand 15 Oct 2014 Mintage link Circulation mintage
John Bertrand, New Zealand Coin and Banknote Catalogue 1965 Mintage Circulation mintage
Renniks, New Zealand Coinage Guide 1965 - 1966 Mintage Circulation mintage
Australian Coin Chart 1966 Mintage Circulation mintage
Krause, Standard Catalog of World Coins 2001 Mintage Proof mintage
Remick, Catalogue of British Commonwealth Coins 1971 Varieties Proof
Museums Victoria Collections 2016 Varieties link Proof
John Bertrand, New Zealand Coin and Banknote Catalogue 1965 - Valuations
Renniks, New Zealand Coinage Guide 1965 - 1966 Valuations
Shilling 1937 / Best-effort future value guesstimates based on past value trends in currency: NZD. See FAQ before use!
Years
MintVarietyGrade2018201920202021
Royal MintUncirculated (UNC) 361.31 362.76 364.22 365.68
Royal MintAlmost Uncirculated (aUNC) 149.70 148.33 146.97 145.60
Royal MintExtra Fine (EF, XF) 79.75 78.99 78.23 77.47
Royal MintVery Fine (VF) 18.23 17.38 16.52 15.67
Royal MintFine (F) 6.15 6.15 6.15 6.15
Shilling 1937 / Best-effort future value guesstimates based on past value trends in currency: USD. See FAQ before use!
Years
MintVarietyGrade2018201920202021
Royal MintProofProof 487.78 471.00 454.21 437.43
Royal MintBrilliant Uncirculated (BU) 104.79 99.89 94.99 90.09
Royal MintUncirculated (UNC) 58.21 55.50 52.80 50.10
Royal MintExtra Fine (EF, XF) 22.56 21.91 21.25 20.59
Royal MintVery Fine (VF) 10.32 10.31 10.29 10.28
Royal MintFine (F) 3.64 3.80 3.95 4.11
Historic values in NZD for Shilling 1937 / Royal Mint / (generated 8/2018). Inflation-corrected to 2017.
(hover mouse over grades in the left-hand column to see values highlighted; hover mouse over graph points to see exact values and additional information)
Historic values in USD for Shilling 1937 / Royal Mint / (generated 8/2018). Inflation-corrected to 2017.
(hover mouse over grades in the left-hand column to see values highlighted; hover mouse over graph points to see exact values and additional information)
Historic values in USD for Shilling 1937 / Proof / Royal Mint / (generated 8/2018). Inflation-corrected to 2017.
(hover mouse over grades in the left-hand column to see values highlighted; hover mouse over graph points to see exact values and additional information)
Shilling 1937: Links to sites that (may) sell similar coins
Coins New Zealand > NZ Pre Decimal coins (1933 to 1965) > Shilling > 1937
Shilling 1937: Some useful external links
Museums Victoria: Proof Coin - 1 Shilling, New Zealand, 1937
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List of all (28) coins of type: New Zealand / Shilling
Shilling 1933 Shilling 1934 Shilling 1935 Shilling 1937 Shilling 1940 Shilling 1941
Shilling 1942 Shilling 1943 Shilling 1944 Shilling 1945 Shilling 1946 Shilling 1947
Shilling 1948 Shilling 1950 Shilling 1951 Shilling 1952 Shilling 1953 Shilling 1955
Shilling 1956 Shilling 1957 Shilling 1958 Shilling 1959 Shilling 1960 Shilling 1961
Shilling 1962 Shilling 1963 Shilling 1964 Shilling 1965