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The Australian two-dollar coin is the highest-denomination circulating coin of the Australian dollar. It was first issued on 20 June 1988, having been in planning since the mid-1970s. It replaced the Australian two-dollar note due to having a longer circulatory life. [2]
At this time, 1, 2, 5, 10, 20, and 50 cent coins were issued. [6] $1 coins were first issued in 1984, [7] and $2 coins soon followed in 1988. The one- and two-cent coins were discontinued in 1990 and withdrawn from circulation in February 1992. [8]
The one-dollar coin was introduced in 1984, to replace the banknote of the same value. The two-dollar coin, also replacing a banknote, was introduced in 1988. They have content of 2% nickel, 6% aluminium and 92% copper. The two-dollar coin is smaller in diameter than the one-dollar coin, but the two-dollar is slightly thicker.
A coin can be worth a ton of money -- a pretty penny, one might say -- if it's rare and has enough historical significance. Check Out: These 4 Rare Nickels From Over 20 Years Ago Are Worth a Ton ...
List of most expensive coins Price Year Type Grade Issuing country Provenance Firm Date of sale $18,900,000 1933 1933 double eagle: MS-65 CAC United States: King Farouk of Egypt: Sotheby's [1] June 8, 2021 $12,000,000 1794 Flowing Hair dollar: SP-66 CAC United States Neil, Carter Private sale [2] January 24, 2013 $9,360,000 1787 Brasher ...
Australia's first commemorative $2 coin was released in 2012 to commemorate Remembrance Day. It features a poppy in the centre on a background of microtext, reading: "remembrance day" and "lest we forget". [1] As Canada also has coloured circulating coins, Australia is now the second country to do so. [2]
They are minted in four sizes; 1,000 g, 10, 2 and 1 troy ounces. To commemorate the 25th anniversary of the kookaburra coin, the 2015 coin features the same image of the kookaburra as the original 1990 coin. To differentiate the 1990 and 2015 coins, the date on the reverse reads "1990-2015" and 2015 has been added to the obverse.
Here are six rare coins that could see a spike in value this year, with descriptions provided by Coinage. Keep your eyes peeled for these 11 rare coins — they sold for over $1 million at one point .