Added by, ivan lucian. In personal collections, Catalog code, KM# Mintage, 14,, Diameter, mm. Thickness, mm. Weight, g. Coin Australia 1 Shilling - Elizabeth II - Silver. Ref.: Silver coin, circulated. ‰ Silver Ø mm, Weight g. KM. 59, TTB+ Elisabeth II. The page has detailed information about this coin. Between and , British shilling coins were issued with English and Scottish design each year. This is. This debasement meant that coins produced in had one-fifth of the silver 1960 shilling coin of those minted inand consequently the value of new testoons fell from 12d to 6d. The Royal Mint debased the silver coinage in from This old one shilling coin has been hand cleaned, gently buffed and hand polished to bring it to a lovely shine which brings out the lovely design detail of the coin which is about 61 years old. At decimalisation the shilling was superseded by the decimal five pence piece, which initially was of identical size and weight and had the same value. Before decimalisation, there were twenty shillings to 1960 shilling coin pound and twelve pence to the shilling, and thus 1960 shilling coin to the pound. The Royal Mint undertook a massive recoinage programme inwith large quantities of gold and silver coin being minted.