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During 1999 and into 2000, gold has traded in a broad range between $A400 and $A500 per troy ounce. Silver has traded in a range between $A7.50 and $A9.00 in the same period. Most newspapers and financial services publish spot bullion prices in American dollars ($US). To convert this to Australian dollars, you will need to know the current $US to $A exchange rate.
Sample intrinsic value calculation for a 1940 silver shilling:
| Data: | Silver is quoted at $US4.90 per ounce
The $US to $A exchange rate is 0.6350
A 1940 shilling contains 0.1680 ounces of silver (see table below). |
| Calculations: | Silver in Australian dollars = $US4.90 / 0.6350 = $A7.7165
Intrinsic value of 1940 shilling = 7.7165 x 0.1680 = $A1.30 |
The following tables show the intrinsic value of the precious metal content of Australia's gold and silver coin issues for varying gold and silver spot prices.
Gold Sovereigns and Half Sovereigns 1853 to 1931
|
Denomination
|
Sovereign
|
Half Sovereign |
|
Gold Content (ounces)
|
0.2354
|
0.1177
|
|
Value @ $A375 per oz.
|
88.28
|
44.14
|
|
Value @ $A400 per oz.
|
94.16
|
47.08
|
|
Value @ $A425 per oz.
|
100.05
|
50.02
|
|
Value @ $A450 per oz.
|
105.93
|
52.97
|
|
Value @ $A475 per oz.
|
111.82
|
55.91
|
|
Value @ $A500 per oz.
|
117.70
|
58.85
|
|
Value @ $A525 per oz.
|
123.59
|
61.79
|
|
Value @ $A550 per oz.
|
129.47
|
64.74
|
|
Value @ $A575 per oz.
|
135.36
|
67.68
|
|
Value @ $A600 per oz.
|
141.24
|
70.62
|
|
Value @ $A650 per oz.
|
153.01
|
76.51
|
Pre-Decimal Silver 1910 to 1945
|
Denomination
|
5/-
|
2/-
|
1/-
|
6d
|
3d
|
|
Silver Content (ounces)
|
0.8411
|
0.3363
|
0.1680
|
0.0838
|
0.0419
|
|
Value @ $A5.50 per oz.
|
4.63
|
1.85
|
0.92
|
0.46
|
0.23
|
|
Value @ $A6.00 per oz.
|
5.05
|
2.02
|
1.01
|
0.50
|
0.25
|
|
Value @ $A6.50 per oz.
|
5.47
|
2.19
|
1.09
|
0.54
|
0.27
|
|
Value @ $A7.00 per oz.
|
5.89
|
2.35
|
1.18
|
0.59
|
0.29
|
|
Value @ $A7.50 per oz.
|
6.31
|
2.52
|
1.26
|
0.63
|
0.31
|
|
Value @ $A8.00 per oz.
|
6.73
|
2.69
|
1.34
|
0.67
|
0.34
|
|
Value @ $A8.50 per oz.
|
7.15
|
2.86
|
1.43
|
0.71
|
0.36
|
|
Value @ $A9.00 per oz.
|
7.57
|
3.03
|
1.51
|
0.75
|
0.38
|
|
Value @ $A9.50 per oz.
|
7.99
|
3.19
|
1.59
|
0.80
|
0.40
|
|
Value @ $A10.00 per oz.
|
8.41
|
3.36
|
1.68
|
0.84
|
0.42
| |
Value @ $A10.50 per oz.
|
8.83
|
3.53
|
1.76
|
0.88
|
0.44
|
|
Value @ $A11.00 per oz.
|
9.25
|
3.70
|
1.85
|
0.92
|
0.46
|
|
Value @ $A11.50 per oz.
|
9.67
|
3.87
|
1.93
|
0.96
|
0.48
|
Pre-Decimal Silver 1946 to 1963
|
Denomination
|
2/-
|
1/-
|
6d
|
3d
|
|
Silver Content (ounces)
|
0.1818
|
0.0908
|
0.0453
|
0.0226
|
|
Value @ $A5.50 per oz.
|
1.00
|
0.50
|
0.25
|
0.12
|
|
Value @ $A6.00 per oz.
|
1.09
|
0.54
|
0.27
|
0.14
|
|
Value @ $A6.50 per oz.
|
1.18
|
0.59
|
0.29
|
0.15
|
|
Value @ $A7.00 per oz.
|
1.27
|
0.64
|
0.32
|
0.16
|
|
Value @ $A7.50 per oz.
|
1.36
|
0.68
|
0.34
|
0.17
|
|
Value @ $A8.00 per oz.
|
1.45
|
0.73
|
0.36
|
0.18
|
|
Value @ $A8.50 per oz.
|
1.55
|
0.77
|
0.39
|
0.19
|
|
Value @ $A9.00 per oz.
|
1.64
|
0.82
|
0.41
|
0.20
|
|
Value @ $A9.50 per oz.
|
1.73
|
0.86
|
0.43
|
0.21
|
|
Value @ $A10.00 per oz.
|
1.82
|
0.91
|
0.45
|
0.23
|
|
Value @ $A10.50 per oz.
|
1.91
|
0.95
|
0.48
|
0.24
|
|
Value @ $A11.00 per oz.
|
2.00
|
1.00
|
0.50
|
0.25
|
|
Value @ $A11.50 per oz.
|
2.09
|
1.04
|
0.52
|
0.26
|
Perth Mint Gold Nuggets from 1986
|
Denomination
|
Kilogram
$3,000
|
10oz.
$1,000 |
2oz.
$200 |
1oz.
$100 |
1/2oz.
$50 |
1/4oz.
$25 |
1/10oz.
$15 |
1/20oz.
$5 |
|
Gold Content (ounces)
|
32.151
|
10.000
|
2.000
|
1.000
|
0.500
|
0.250
|
0.100
|
0.050
|
|
Value @ $A375 per oz.
|
12,057
|
3,750
|
750
|
375
|
187.50
|
93.75
|
37.50
|
18.75
|
|
Value @ $A400 per oz.
|
12,860
|
4,000
|
800
|
400
|
200.00
|
100.00
|
40.00
|
20.00
|
|
Value @ $A425 per oz.
|
13,664
|
4,250
|
850
|
425
|
212.50
|
106.25
|
42.50
|
21.25
|
|
Value @ $A450 per oz.
|
14,468
|
4,500
|
900
|
450
|
225.00
|
112.50
|
45.00
|
22.50
|
|
Value @ $A475 per oz.
|
15,272
|
4,750
|
950
|
475
|
237.50
|
118.75
|
47.50
|
23.75
|
|
Value @ $A500 per oz.
|
16,076
|
5,000
|
1,000
|
500
|
250.00
|
125.00
|
50.00
|
25.00
|
|
Value @ $A525 per oz.
|
16,879
|
5,250
|
1,050
|
525
|
262.50
|
131.25
|
52.50
|
26.25
|
|
Value @ $A550 per oz.
|
17,683
|
5,500
|
1,100
|
550
|
275.00
|
137.50
|
55.00
|
27.50
|
|
Value @ $A575 per oz.
|
18,487
|
5,750
|
1,150
|
575
|
287.50
|
143.75
|
57.50
|
28.75
|
|
Value @ $A600 per oz.
|
19,291
|
6,000
|
1,200
|
600
|
300.00
|
150.00
|
60.00
|
30.00
|
|
Value @ $A650 per oz.
|
20,898
|
6,500
|
1,300
|
650
|
325.00
|
162.50
|
65.00
|
32.50
|
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Send mail to
designer@agphotodesign.com
with questions or comments about this web site.
Copyright © 2001-07 Australian Stamp & Coin Coy Pty. Ltd.
Last modified: 05 December, 2007
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