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1937 Australian Silver Crown

Sterling Silver

Originally planned to commemorate Edward VIII, the Coinage Act of 1909 had to be amended to allow a crown to be issued in Australia, Federal Parliment assented just 2 days before Edward abdicated.
Crowns were then struck to mark the coronation of George VI in 1937 instead, the commemorative appeal and limited popularity of the crown was completely lost when it was issued again in 1938.
The Federal Treasurer R.G Casey had proposed the coin and pushed hard for its introduction , thus they became known as " Casey's Cartwheel".

1937 Australian Silver Crown Reverse

1937 Australian Silver Crown Obverse
Mintage
1,008,000

The large size and weight, an open design and a clumsy manufacturing process combined to make the Australian crown notorious for bag marks, dings and rim nicks. After striking, the coins were transported by a conveyor belt and dropped into a collection bucket. There are numerous examples of coins which display a neat row of tooth marks imparted by the reeded edge of another crown.
Finding a 1937 or 1938 without any marks at all is very, very rare if presented with an example within your means, it would be a great addition to any collection.
Discussions with another collector have also revealed a very interesting point about the 1938 issue. Having handled the 1938 Crown proof, he noticed the cross on the orb, a strong grading reference point, was not present on proof strikes, to him this indicates that most 1938 crowns could have been under graded.



Specifications

Composition: .925 silver
Silver Content: 0.8411 oz
Edge: Reeded
Weight: 28.27 grams
Size: 38.5 mm
Obverse: Thomas Humphrey Paget
Reverse: George Kruger Gray

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