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British coins continued in use until 1910, when Australian silver coins were introduced. These included florins, shillings, sixpences and threepences. They had a portrait of King Edward VII on one side. Australian pennies and half-pennies were introduced into circulation the following year. In 1931 gold sovereigns stopped being minted in Australia.
The 1930 penny has remained Australia's most well-known rare coin ever since one was first discovered by Sydney coin collector Fritz Schaefer between 1940 and 1944. [4] Other "hard to get" years include 1925 and 1946, although they are not as valuable as the 1930 penny. Lower-grade 1925 and 1946 pennies can be obtained for under $150.
A year later Australian pennies and half-pennies entered circulation. Unlike in New Zealand, there was no half-crown. In 1931 gold sovereigns stopped being minted in Australia. A crown or five-shilling coin was minted in 1937 and 1938. Coinage of the Australian pound was replaced by decimalised coins of the Australian dollar on 14 February 1966 ...
Old coins are going for big bucks on eBay, and we found a few that you might just have lying around. Check out the slideshow above to discover if any of the coins you've collected could rake in ...
For many years there were also 2c and 1c coins, traditionally called "copper" coins, although they are actually an alloy of copper and zinc. The "silver" 5c, 10c, and 20c coins can be counted by value using their weight, without the need to count the individual pieces, as they have the same weight per value, at 0.565g per cent, or 56.5g per dollar.
The original, round, 50-cent coin was made of 80% silver and 20% copper; but as the value of a free-floating silver price became higher, the coin's bullion value became more valuable than its face value; so that version was withdrawn from circulation and replaced with the dodecagonal cupro-nickel version. [3]
In addition to the annual design change, there is also a design change between the bullion and proof versions of the coin each year. No proof coins were minted between 2006 and 2011; however, there was a 1-ounce silver proof Kookaburra colored coin struck in 2012 for the Discover Australia coin series. [4] Since 2012, the proof coin has been ...
Australian soldier with head bowed and rifle reversed in solemn reflection 1,900,000 2018 ANZAC Centenary Logo of the ANZAC centenary. Australian soldier with head bowed and rifle reversed in solemn reflection 2,000,000 2019 Great Coin Hunt – one A–Z (alphabet) coins issued featuring 'Iconic Australia'. A total of 26 coins issued.