Common: 10,000,000 or more minted. Sells often: 26 verified sales in the last 12 months.
1 Shilling - George VI Scottish crest with 'IND:IMP' (1947–1948)
"Scottish shilling"
| Country | United Kingdom |
| Year | 1947–1948 |
| Denomination | 1 Shilling |
| Face value | 5p |
| Mintage by year |
Scarcest year: 12,282,200 struck
|
| Mint | Royal Mint · Llantrisant |
| Circulation | Circulating |
| Demonetised | 1990 |
| Composition | Copper-nickel (.750 Cu, .250 Ni) |
| Weight | 5.660g |
| Diameter | 23.5mm |
| Thickness | 1.73mm |
| Shape | Round |
| Edge | Milled |
| Orientation | Medal alignment ↑↑ |
| Obv. artist | Thomas Humphrey Paget |
| Rev. artist | George Kruger Gray |
| Grade scale | UK (EF/UNC) |
Uncrowned portrait of King George VI left, legend around.
GEORGIVS VI D:G:BR:OMN:REX
Crowned lion seated atop crown holding sword and sceptre dividing date, shields flank, legend above, denomination below.
FID:DEF:IND:IMP ONE SHILLING
with 'IND:IMP' Shilling market value
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Daily limit reachedwith 'IND:IMP' Shilling value by year
1947 to 1948 · median sold prices| Year | Mintage | Circulated | Uncirculated | Sales | |
|---|---|---|---|---|---|
| 1947 scarcest | 12,282,200 | £3.17 | 17 | ||
|
VF£12.50EF£28.00UNC£95.00
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| 1948 | 45,351,900 | £2.10 | 9 | ||
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VF£12.50EF£28.00UNC£95.00
⭐ Pro: the 1948 coin's sales by grade, and the chart filtered to one year
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One row for each year the 1 Shilling - George VI Scottish crest – with 'IND:IMP' was struck. Prices are medians of verified sold listings matched to that year from the listing: circulated is worn condition up to Extremely Fine, uncirculated is About Uncirculated or better. A count in brackets means fewer than three sales behind the figure; a grey figure marked "type" is the median across every year, shown where that year has no sale of its own yet. Most types have been searched year by year only since October 2026, so later years are still filling in. Use the grade table below for a price by condition across all years.
with 'IND:IMP' Shilling value by grade
Realised auction prices · ⭐ Pro Expand rows for individual sale records| Grade | Latest | Median | 30d Δ | All-time range | Sales (1yr) | Total sales | Last sale | |
|---|---|---|---|---|---|---|---|---|
| VF | £4.59 🔒 eBay | £2.63 | – | £0.85 – £10.50 | 26 | 26 | 08-10-2026 | |
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About the 1947 1 Shilling - George VI Scottish crest – with 'IND:IMP'
The 1947 1 Shilling - George VI Scottish crest – with 'IND:IMP' is a circulating 1 shilling coin issued from 1947 to 1948, struck in copper-nickel (.750 Cu, .250 Ni). It weighs 5.66g and measures 23.5mm across. Reverse design: Crowned lion seated atop crown holding sword and sceptre dividing date, shields flank, legend above, denomination below.
Mintage figures are recorded for 2 years between 1947 and 1948, 57,634,100 coins in all. 1947 is the scarcest date, with 12,282,200 struck. It is no longer legal tender (withdrawn 1990), so its value is to collectors only.
Common questions
How much is the 1947 1 Shilling - George VI Scottish crest – with 'IND:IMP' worth?
The 1947 1 Shilling - George VI Scottish crest – with 'IND:IMP' has a price in one grade on MyCoinage so far: £2.63 in VF, the median of its verified sales.
How many 1947 Scottish shillings were made?
Coin Hunter and Wikipedia both give 12,283,223 Scottish shillings dated 1947. That is about a quarter of the 1948 figure of 45,351,937, so 1947 is the scarcer of the two dates of this cupro-nickel type, although both were struck in large numbers.
Is a 1947 shilling silver?
No. Shillings dated 1947 and later are cupro-nickel. The Royal Mint Museum explains that silver was withdrawn from the coinage to repay silver borrowed from the United States, and every cupro-nickel coin was dated 1947 to make a clean break.
What is the difference between the English and Scottish shilling?
The Scottish shilling shows the Royal Crest of Scotland: a facing lion holding a sword and sceptre, between a St Andrew's cross and a thistle. The English version has the lion standing on a crown. Tony Clayton notes that both circulated together throughout the country.
Is the George VI shilling still legal tender?
No. Shillings passed as 5p after decimalisation and stayed in use until the large 5p was replaced. The Royal Mint Museum records that they remained in circulation until 31 December 1990, when the old 5p coins and shillings were demonetised.
How do I identify the 1947 1 Shilling - George VI Scottish crest – with 'IND:IMP'?
Check the weight 5.66g and diameter 23.5mm and the metal (copper-nickel (.750 Cu, .250 Ni)) against the specification table on this page. The reverse design is described above.
History and design
The Scottish shilling was a new idea of George VI's reign. Tony Clayton notes that from 1937 the shilling was issued in two versions every year, one with the Royal Crest of England and one with the Royal Crest of Scotland, and that both circulated together across the country rather than only in their own nations.
This type marks the end of silver. The Royal Mint Museum explains that the silver in British coins was needed to repay the 88 million ounces borrowed from the United States during the war. The Coinage Act, 1946 introduced cupro-nickel, and a proclamation of 29 November 1946 gave the new coins the same designs as the silver ones. To make a clean break, every cupro-nickel coin was dated 1947, and issues to the banks began on 2 January.
Coin Hunter and Wikipedia agree on 12,283,223 Scottish shillings for 1947 and 45,351,937 for 1948, a total of 57,635,160. In 1947 the Scottish figure was slightly higher than the English one (12,120,611), unusual for a reign in which Clayton says the Scottish mintages were generally a little lower.
The reverse is the Royal Crest of Scotland. Clayton describes a lion facing the viewer, holding a sword and a sceptre, flanked by a St Andrew's cross and a thistle, with a Tudor crown rather than the Scottish crown. The legend reads FID DEF IND IMP with ONE SHILLING and the date, for Fidei Defensor Indiae Imperator, Defender of the Faith, Emperor of India. George Kruger Gray's initials sit in the centre, K below the pommel of the sword and G below the sceptre.
The obverse carries Humphrey Paget's uncrowned portrait of the King facing left, with GEORGIVS VI D G BR OMN REX. The Royal Mint Museum says Paget alone was commissioned for this effigy and produced what has been described as the classic coinage head of the 20th century. His initials HP are below the truncation of the neck. The edge is milled.
Collecting notes
Only the metal separates this coin from the silver Scottish shillings of 1937 to 1946, so check the date first. The silver Scottish shilling of 1937 has its own page. Clayton says all the cupro-nickel types were issued in large quantities in 1947 and 1948, and 1947 is the lower of the two dates.
From 1949 the legend lost IND IMP after Indian independence, which gives a quick way to separate this type from the later Scottish shillings. Clayton lists rare proofs for some dates between 1938 and 1949 without naming them.
No recognised varieties or mint errors are documented for this coin. Shillings passed as 5p after decimalisation, and the Royal Mint Museum records that they remained in circulation until 31 December 1990.
Sources
The history, design, varieties and collecting notes on this page are drawn from these sources. Prices come from recorded sales, not from them.
- 1947 Coin Values, George VI, Coin Hunter (read 10 Oct 2026)
- Initials on British coins, TreasureRealm (read 10 Oct 2026)
- George Kruger Gray, Wikipedia (read 10 Oct 2026)
- Shilling, Royal Mint Museum (read 10 Oct 2026)
- Florin (British coin), Wikipedia (read 10 Oct 2026)
- Values of Shillings, Tony Clayton, Coins of the UK (read 10 Oct 2026)
- 1948 Coin Values, George VI, Coin Hunter (read 10 Oct 2026)
- Shilling (British coin), Wikipedia (read 10 Oct 2026)
- Proclamation determining designs for cupro-nickel coins of the realm (29 November 1946), The London Gazette (read 10 Oct 2026)
- Proclamation determining the designs of the George VI coinage (18 March 1937), The London Gazette (read 10 Oct 2026)
- Consequences of the Second World War, Royal Mint Museum (read 10 Oct 2026)
- Humphrey Paget, Royal Mint Museum (read 10 Oct 2026)
- Five Pence: Shilling, Tony Clayton, Coins of the UK (read 10 Oct 2026)
- UK Coins of George VI, Tony Clayton, Coins of the UK (read 10 Oct 2026)