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· Written by Connor Jones, Editor

Florin Values UK: Complete 1849–1970 Price Guide

The British florin, face value two shillings, ran from 1849 to 1970 and was the country\'s first attempt at a decimal coin. The 1849 "Godless" florin and the 1851 Gothic redesign are among the most collected first-year issues in the British series. This guide covers every reign, the key dates, the 1937 Edward VIII pattern, the silver content of pre-1947 issues and realised auction prices.

Last updated: 4 May 2026
In brief. Florins are British two-shilling silver coins (cupronickel from 1947) struck 1849-1970. The 1849 Godless florin and 1854 Gothic florin are the famous Victorian rarities; the 1932 George V is the key 20th-century date; the 1937 Edward VIII pattern (never circulated) tops £30,000 when one surfaces. Pre-1920 florins contain 10.5 g of sterling silver; 1920-1946 florins contain 5.7 g of .500 silver.

Background: Britain\'s first decimal experiment

The florin was introduced in 1849 as a deliberate experiment in decimal coinage. At a face value of two shillings, it was exactly one tenth of a pound, the cleanest possible decimal fraction in the £sd system. Parliament debated decimalisation throughout the mid-19th century, and although full decimalisation was never adopted at that time, the florin survived as a popular silver coin for the next 122 years. When Britain finally went decimal in 1971, the florin\'s exact one-tenth value meant it could simply continue circulating as a 10p piece without any redenomination.

The 1849 Godless florin

The first florin, struck in 1849, omitted the words "DEI GRATIA" ("By the Grace of God") and "FID DEF" ("Defender of the Faith") from Queen Victoria\'s titles on the obverse. Whether by oversight or by deliberate design choice (the engraver William Wyon may have wanted to emphasise the modern, secular nature of the new decimal experiment) the omission triggered public outrage from the Church of England, and the design was withdrawn after a single year. The 1849 issue is universally known as the "Godless florin" and is one of the most desirable first-year-of-issue coins in the British series.

GradeRealised price range
Fair / Good£20 — £40
Fine£40 — £80
Very Fine£80 — £180
Extremely Fine£180 — £500
Uncirculated / mint state£500 — £1,800
Proof / FDC£1,500 — £4,000

Gothic florins 1851–1887

The 1851 redesign reinstated the religious legend and adopted a fully Gothic-script lettering, plus a more medieval bust of Victoria with a crown rather than the modest portrait-head wreath of the Godless issue. The Gothic florin ran for 36 years and is widely regarded as one of the most beautiful British coin designs ever produced. Date markings are themselves in Gothic numerals (the 1854 reads "mdccclv" rather than 1854, confusing many casual buyers).

Key Gothic florin dates:

DateMintageNotesVF realised range
18511,540First year Gothic; very low mintage£1,500 — £5,000
1854552,000Key date; very few survive£800 — £3,000
18592,239,380Common£30 — £90
18727,199,690Most common Gothic year£25 — £75
1887 Gothicincluded with Jubilee totalFinal year; transitional issue£40 — £120

Jubilee Head florins 1887–1892

For Victoria\'s Golden Jubilee year of 1887 the florin was redesigned with a "Jubilee Head" bust and a crowned cruciform-shields reverse. The 1887 issue is one of the most-collected single-year designs in the Victorian series because of the historical association. Mintages were lower than the late Gothic years and survivors are well-distributed across the world\'s collections.

DateMintageVF realised
18871,084,990£25 — £80
18881,547,540£25 — £75
18892,973,561£25 — £70
18901,684,737£30 — £90
1891836,438£40 — £120
1892283,401£60 — £180

Old Head florins 1893–1901

Victoria\'s final coinage portrait, the "veiled" or "Old Head" by Thomas Brock, ran on the florin from 1893 to 1901. The reverse switched to three crowned shields. Common dates trade at £15-50 in average grade; the 1901 (Victoria\'s death year) carries a small premium because of its historical interest.

Edward VII florins 1902–1910

Edward VII\'s florin reverse showed a striking standing Britannia, often regarded as the finest design of the short Edwardian series. The 1902 first year was issued in both currency and matt proof finishes; the matt proof is one of the most desirable Edward VII coins and trades at £200-500 depending on grade. Currency Edwardian florins typically trade at £15-60 in collectable grades.

George V florins 1911–1936

The George V florin returned to a crowned cruciform-shields reverse, similar to the Jubilee design. The 1932 issue is the famous key date of the series, with a low mintage of 717,041. The 1933 and 1936 are also scarcer than typical years.

DateMintageNotesVF realised
19115,951,284First year George V£15 — £40
192015,387,833First .500 silver year£10 — £30
19265,125,410Modified effigy variety£15 — £45
1932717,041Key date£40 — £120
19338,685,303Lower than typical£15 — £40
19369,897,448Final George V year£15 — £40

The 1937 Edward VIII pattern florin

Edward VIII abdicated on 11 December 1936, before any of his coinage entered circulation. Pattern strikes of the 1937 Edward VIII florin exist (used by the Royal Mint to test dies and dies-and-blanks combinations) but were never officially issued. Fewer than ten Edward VIII pattern florins are known to exist, most held by the Royal Mint Museum and a tiny number of major private collectors.

The pattern would have shown an Edward VIII bust on the obverse and a redesigned crown-over-rose reverse, similar to the eventual George VI design. When an example has surfaced at auction (it has happened only a handful of times in the post-war era), realised prices have exceeded £30,000. Any 1937 florin offered on eBay or at low prices is a modern souvenir, not a genuine pattern.

George VI florins 1937–1951

The George VI florin, designed by George Kruger Gray, introduced a striking crowned-rose reverse flanked by a thistle and shamrock. From 1947 the florin became cupronickel rather than silver. The series ran from 1937 to 1951; no business-strike florins were issued in 1952 (Elizabeth II coronation transition).

DateMintageNotesVF realised
193713,006,781First year George VI£6 — £15
194622,910,085Final .500 silver year£5 — £12
194722,910,085First cupronickel year£3 — £8
195127,431,747Festival of Britain proof£5 — £15

Elizabeth II florins 1953–1970

Elizabeth II florins (sometimes called "two-shilling pieces" rather than florins on later issues) ran from 1953 to 1970, all in cupronickel. The 1953 Coronation issue is the most-collected date. From 15 February 1971 these coins continued circulating as 10p pieces until the smaller decimal 10p replaced them in 1992. Common dates trade at £1-5; the 1953 in mint state can fetch £15-30.

Browse every florin in our database →

Silver content and bullion floor

Pre-1947 florins carry a meaningful silver-content floor under their numismatic value. A worn common-date sterling florin (1849-1919) is worth its silver melt plus a small premium; the same is true for the .500 silver florins of 1920-1946.

EraFinenessPure silver per coinBullion floor at £25/oz
1849-1919.925 sterling10.46 g (0.337 oz)£8.40
1920-1946.500 silver5.66 g (0.182 oz)£4.55
1947-1970cupronickel0 gNo bullion value

External references

Buying florins on eBay

The links below open eBay UK searches; if you buy through them, MyCoinage earns a small commission at no cost to you. We only link to coins we'd genuinely buy ourselves.

Florins are one of the better-value entry points into Victorian and pre-decimal silver. A common-date Victoria Gothic florin can be had for £30-50 in collectable grade, while a 1953 Coronation florin in BU is £15-25. The links below pre-filter eBay UK to the most-collected dates and varieties.

Victoria Gothic florins (sold) ↗ 1887 Jubilee Head florin ↗ Edward VII florin ↗ 1953 Coronation florin ↗ Slabbed PCGS florins (sold) ↗ Slabbed NGC florins (sold) ↗ George VI florin ↗ Florin date-run lots ↗

Frequently asked questions

What is a florin?
The British florin was a silver coin worth two shillings (one tenth of a pound) struck from 1849 to 1970. It was Britain's first decimal experiment: at one tenth of a pound it was meant to be the bridge between £sd and a future decimal system. The denomination ran for 121 years, the entire reigns of Victoria, Edward VII, George V and George VI, and most of Elizabeth II's pre-decimal years. After Decimal Day on 15 February 1971 the florin continued to circulate as a 10p piece until the smaller decimal 10p replaced it in 1992.
What is a "Godless" florin?
The 1849 florin, the first ever issued, omitted the words "DEI GRATIA" ("By the Grace of God") and "FID DEF" ("Defender of the Faith") from Queen Victoria's titles on the obverse. Whether by oversight or design, the omission caused public outcry from the Church of England, and the design was withdrawn after a single year. Surviving 1849 florins are known as the "Godless florin" and remain one of the most-collected first-year-of-issue coins in the British series. Mintage was 413,820. Examples in Fine condition trade for £30-80; mint state pieces have realised over £1,500.
What is a Gothic florin?
Following the Godless controversy, the 1851 florin redesign added the missing religious legend back and used a Gothic-script lettering throughout the legend, plus a more medieval-styled crowned bust of Victoria. Struck 1851-1887, the Gothic florin is one of the most striking British coin designs ever issued. The 1851 first year is rare; the 1854 is one of the famous Victorian rarities (mintage 552,000, but very few survive). Common dates trade at £15-50 in average grade; the 1854 sells at £800-3,000.
How much is a 1937 Edward VIII florin worth?
The 1937 Edward VIII florin was never issued for circulation because Edward abdicated in December 1936 before any of his coinage entered general use. Pattern strikes exist for testing purposes; only a handful are known and they are owned by the Royal Mint Museum and a tiny number of private collectors. Confirmed sales of Edward VIII pattern florins have realised £30,000+ when they have appeared at auction, although such appearances are very rare. Any "1937 Edward VIII florin" offered for sale at lower prices is almost certainly a modern souvenir reproduction, not a genuine pattern.
Which florin is the most valuable?
The most valuable circulating florins are the 1854 Gothic (low survival), early Edward VII issues in mint state, and the 1932 George V (mintage 717,041, one of the lowest of the series). The 1937 Edward VIII pattern is far rarer than any of these but was never officially issued. Among collectable patterns and proofs, the 1887 Jubilee proof and the 1902 Edward VII matt proof both trade strongly. In high grade, even common dates such as 1923 or 1926 can fetch substantial premiums.
What metal are pre-decimal florins?
Florins were sterling silver (.925 fine) from 1849 to 1919, debased silver (.500 fine) from 1920 to 1946, and cupronickel (no silver) from 1947 to 1970. The 1947 transition followed the post-war silver shortage; the country needed its silver reserves to repay wartime loans to the United States. A pre-1920 florin contains roughly 10.5 g of pure silver; a 1920-1946 florin contains roughly 5.7 g of pure silver. Cupronickel florins from 1947 onwards have no precious-metal content.
What does the reverse of a florin show?
The design varied with the reign. Victorian florins showed crowned cruciform shields with sceptres between (Godless and Gothic types) or a simple shield (Jubilee Head). Edward VII reverted to a Britannia-with-shield reverse. George V used the cruciform shields again. George VI from 1937 introduced a crowned rose between thistle and shamrock. Elizabeth II from 1953 used a single Tudor rose flanked by a thistle, leek and shamrock. Each design tells a chapter of British heraldic history.
Are silver florins worth their silver content?
Yes, that sets a price floor. A pre-1920 sterling florin contains roughly 0.34 troy ounces of pure silver. At a silver price of £25/oz, the bullion floor is around £8.50; at £30/oz, around £10. Florins of 1920-1946 (.500 silver) contain roughly 0.18 troy oz, so the bullion floor sits at around £5-6 at current prices. Common-date worn florins of these eras are described as "junk silver" and trade at small premium over melt. Better-grade or scarce-date examples are worth substantially more than melt.
How do I authenticate an old florin?
Three checks catch most fakes. First, weight: a sterling florin should weigh 11.31 g, a .500 silver florin 11.31 g (same weight, different alloy), and a cupronickel florin 11.31 g. The denomination kept the same weight throughout. Second, edge: florins have a milled (reeded) edge throughout the series; cast counterfeits often show a faint mould seam. Third, magnet: silver and cupronickel are both non-magnetic, so any pull from a strong rare-earth magnet means the coin is plated steel or iron. For high-value rarities (1854 Gothic, 1932 George V, anything Edward VIII) professional grading is essential.
What is a 1932 florin worth?
The 1932 George V florin had a mintage of 717,041, the lowest of the George V series. In Fine condition, expect £15-30; in Very Fine, £40-80; in Extremely Fine, £120-250; in mint state, £500+. The 1932 is the key date of the George V florin run and any example deserves careful authentication before purchase. By contrast, common dates such as 1921 or 1923 trade at £5-15 in equivalent grades.
How were florins demonetised?
The pre-decimal florin was not formally demonetised in 1971; it simply had its value redefined as 10p (one tenth of the new decimal pound), since the florin was already one tenth of the old pound. Florins continued to circulate as 10p pieces from 15 February 1971 until 30 June 1993, when smaller-diameter decimal 10p coins replaced them. The same happened to the shilling (5p). This is why florins (and shillings) of every date from 1849 to 1970 spent so long in circulation: they had two working lives, pre-decimal and decimal.
Where should I sell a rare florin?
For mint-state common dates and key-date material, consign to Spink, Baldwin's or Noonans in their British coin sales. For high-value pieces (1854 Gothic, Edward VIII pattern), grade the coin first at PCGS or NGC and consign to a major auction. For ordinary worn pre-1947 florins (junk silver), local coin dealers will buy at silver melt plus a small premium. Avoid eBay for any florin worth more than £100 unless the coin is in a third-party slab.
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