A wireless breakage indicator for a shear pin having an axial bore. The indicator (10) comprises a stem (20) having a head (22) and a foot (24) at opposite ends thereof; a sleeve (32) around a portion of the stem between a first (28) and second (30) axial positions, the stem (20) and sleeve (32) adapted to be broken by the shear pin (12) in the event of its breakage; a spring (26) compressed between the head (22) of the stem (20) and a first end (34) of the sleeve (32); the foot (24) of the stem (20) being retained to the second end (36) of the sleeve (32). The breakage of the stem (20) frees the head (22) to be displaced by the spring (26) and indicate breakage of the shear pin (12). The indication can be direct, by visual inspection of the displaced head, or indirect by the displacement of the head activating a transmitter.