Common: 10,000,000 or more minted. Sells often: 280 verified sales in the last 12 months.
1 Shilling - Victoria 3rd portrait 'Old Head' (1893–1901)
"Old Head shilling"
| Country | United Kingdom |
| Year | 1893–1901 |
| Denomination | 1 Shilling |
| Face value | 5p |
| Mintage by year |
Scarcest year: 3,426,200 struck
|
| Mint | Royal Mint · Llantrisant |
| Circulation | Circulating |
| Demonetised | 1990 |
| Composition | Silver (.925) (925/1000 fine) |
| Weight | 5.660g · 0.1683 t oz |
| Diameter | 23.5mm |
| Shape | Round |
| Edge | Milled |
| Orientation | Medal alignment ↑↑ |
| Obv. artist | Thomas Brock, George William de Saulles |
| Rev. artist | Edward Poynter |
| Grade scale | UK (EF/UNC) |
Older veiled bust ('Old Head') of Queen Victoria left, legend around.
Crowned shields of arms with national flower emblems between, all within Garter, denomination above, date below. Part of the inner legend on the coin is covered by the arms.
'Old Head' Shilling market value
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Affiliate'Old Head' Shilling price history
Daily limit reached'Old Head' Shilling value by year
1893 to 1901 · median sold prices| Year | Mintage | Circulated | Uncirculated | Sales | |
|---|---|---|---|---|---|
| 1893 | 7,039,000 | £19.03 | £156.00 | 45 | |
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VF£12.50EF£28.00UNC£95.00
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| 1894 | 5,953,100 | £12.52 type | £109.62 type | ||
| 1895 | 8,880,600 | £12.41 | £109.62 type | 26 | |
|
VF£12.50EF£28.00UNC£95.00
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| 1896 | 9,264,500 | £13.16 | £109.62 type | 29 | |
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VF£12.50EF£28.00UNC£95.00
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| 1897 | 6,270,300 | £12.40 | £60.50 | 46 | |
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VF£12.50EF£28.00UNC£95.00
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| 1898 | 9,768,700 | £10.63 | £109.62 type | 40 | |
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VF£12.50EF£28.00UNC£95.00
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| 1899 | 10,965,300 | £10.80 | £7.95 (1) | 51 | |
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VF£12.50EF£28.00UNC£95.00
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| 1900 | 10,937,500 | £13.00 | £112.00 (1) | 45 | |
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VF£12.50EF£28.00UNC£95.00
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| 1901 scarcest | 3,426,200 | £12.52 type | £109.62 type | ||
One row for each year the 1 Shilling - Victoria 3rd portrait – 'Old Head' 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; years with no sales yet fill in as sales are recorded. 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.
'Old Head' 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 | |
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| UNC | £16.63 🔒 eBay | £46.00 | – | £16.63 – £156.00 | 3 | 4 | 01-10-2026 | |
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| EF | £24.95 🔒 eBay | £29.98 | – | £7.54 – £90.00 | 8 | 8 | 01-10-2026 | |
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| VF | £9.99 🔒 eBay | £12.26 | ▼11.1% | £2.23 – £65.00 | 260 | 261 | 20-10-2026 | |
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| VG | £5.40 🔒 eBay | £6.50 (2) | – | £5.40 – £7.59 | 2 | 2 | 02-10-2026 | |
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| aUNC | £75.00 🔒 eBay | £75.00 (1) | – | £75.00 – £75.00 | 1 | 1 | 28-07-2026 | |
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| Fair | £7.95 🔒 eBay | £7.95 (1) | – | £7.95 – £7.95 | 1 | 1 | 08-10-2026 | |
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| MS-63 | £109.62 🔒 eBay | £109.62 (1) | – | £109.62 – £109.62 | 1 | 1 | 26-07-2026 | |
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| MS-64 | £112.00 🔒 eBay | £121.00 (2) | – | £112.00 – £130.00 | 2 | 2 | 15-08-2026 | |
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| PR-65 | £320.00 🔒 eBay | £357.50 (2) | – | £320.00 – £395.00 | 2 | 2 | 06-10-2026 | |
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About the 1893 1 Shilling - Victoria – 'Old Head'
The 1893 1 Shilling - Victoria – 'Old Head' is a circulating 1 shilling coin issued from 1893 to 1901, struck in 92.5% silver. It weighs 5.66g and measures 23.5mm across. Reverse design: Crowned shields of arms with national flower emblems between, all within Garter, denomination above, date below. Part of the inner legend on the coin is covered by the arms.
Mintage figures are recorded for 9 years between 1893 and 1901, 72,505,200 coins in all. 1901 is the scarcest date, with 3,426,200 struck. It is no longer legal tender (withdrawn 1990), so its value is to collectors only.
Common questions
How much is the 1893 1 Shilling - Victoria – 'Old Head' worth?
Verified sold prices for the 1893 1 Shilling - Victoria – 'Old Head' run from £6.50 to £358 across 9 grades, taking the median for each grade. Condition makes the difference, so check the grade table above before pricing one. Its silver content is worth about £6.74 at today's spot price, which puts a floor under its value.
Which Old Head shilling is the scarcest date?
1901 has the lowest figure, 3,426,294 in both Coin Hunter and Wikipedia, the year of Victoria's death. Tony Clayton adds that small-rose coins of 1895 and 1896 are scarcer than the large-rose versions of those years.
Who designed the Old Head shilling?
Sir Thomas Brock designed the veiled portrait and Sir Edward Poynter the reverse of three shields within the Garter. Wikipedia records that Victoria disliked Poynter's first shilling design, so he produced a new version before the coins were issued.
What do the letters IND IMP on the Old Head shilling mean?
They stand for Indiae Imperatrix, Empress of India. The Old Head coins of 1893 were the first British coins to carry the title, which Victoria had sought since 1888. The cabinet allowed it because British coins also circulated in the colonies.
Is an Old Head shilling still legal tender?
No. The Royal Mint Museum says shillings back to 1816 remained in circulation as 5p pieces until all the large 5p coins were demonetised at the end of December 1990.
How do I identify the 1893 1 Shilling - Victoria – 'Old Head'?
Check the weight 5.66g and diameter 23.5mm and the metal (92.5% silver) against the specification table on this page. The reverse design is described above.
History and design
After Joseph Edgar Boehm's death in 1890, a Committee on the Design of Coins chose Thomas Brock's portrait for a new coinage, with new reverses by Brock and Edward Poynter. Victoria disliked Poynter's first design for the shilling, and he prepared a second. A proclamation of 30 January 1893 made the coins current, to a much better reception than the Jubilee issue had received.
The committee recommended that every coin from the threepence to the half crown should state its value, so the shilling again carried ONE SHILLING, absent since 1887. It was struck every year until Victoria's death. Coin Hunter and Wikipedia agree from 1894, with output peaking at 10,965,382 in 1899 and falling to 3,426,294 in 1901, the lowest date.
Brock's obverse shows an older Queen facing left, wearing a diadem under a veil, with a pearl necklace and earring and the Garter ribbon and star. His initials TB sit below the bust, and the legend reads VICTORIA DEI GRA BRITT REGINA FID DEF IND IMP. Victoria did not sit for Brock, who worked from photographs, and George William de Saulles made the coining hubs under his supervision.
Poynter's reverse shows three shields bearing the arms of England, Scotland and Ireland, partly within the Garter, with a rose, thistle and shamrock between them. ONE SHILLING and the date run around, the date divided by the base of the Garter. The painter Philip Wilson Steer thought the lettering on the shilling oversized. The edge is milled.
Varieties and errors
Tony Clayton lists two obverses, with small lettering in 1893 and 1894 and larger lettering from 1893, and two reverses with a small rose between the upper shields to 1896 and a larger rose from 1895. The small-rose coins of 1895 and 1896 are the scarcer versions of those dates. Proofs were struck for 1893 only.
Collecting notes
Every date was struck in millions, so the interest lies mainly in the lettering and rose varieties. Proofs dated 1893 came from that year's proof sets, which the Mint sold to the public at a premium. The type replaced the large Jubilee Head shilling. Shillings stayed legal tender as 5p pieces 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.
- Old Head coinage, Wikipedia (read 10 Oct 2026)
- Proof Coin - Shilling, Queen Victoria, Great Britain, 1893 (item 58454), Museums Victoria (read 10 Oct 2026)
- The Shilling, Tony Clayton, Coins of the UK (read 10 Oct 2026)
- Coin values by year, 1893 to 1901 (year pages read one by one), Coin Hunter (read 10 Oct 2026)
- Shilling (British coin), Wikipedia (read 10 Oct 2026)
- Shilling, Royal Mint Museum (read 10 Oct 2026)
- Great Britain 1893 shilling, CoinVarieties (read 10 Oct 2026)