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Pre-decimal Australian coins arose when the Federation of Australia gave the constitutional power to Commonwealth of Australia to mint its own coinage in 1901. The new power allowed the Commonwealth to issue legal tender rather than individually through the six former British self-governing colonies of Queensland , New South Wales , Victoria ...
The Australian pre-decimal halfpenny coin, commonly known as a ha’penny (pronounced / ˈ h eɪ p ə n i /), [1] was the smallest denomination of the Australian Pound in circulation. It was a unit of currency that equalled half of a penny, 1 / 24 of a shilling, or 1 / 480 of a pound. [2]
During the early days of the colonies that formed Australia, foreign as well as British currency was used, but in 1910, a decade after federation, Australian coins were introduced. Australia used pounds, shillings and pence until 1966, when it adopted the decimal system with the Australian dollar divided into 100 cents.
One Australian penny was worth 1 ⁄ 12 Australian shilling, 1 ⁄ 24 Australian florin, 1 ⁄ 60 Australian crown, and 1 ⁄ 240 Australian pound. The coin was equivalent in its dimensions and value to the British pre-decimal penny, as the two currencies were originally fixed at par. The coin was introduced in 1911, while the last penny was ...
"Design of the new decimal currency", first broadcast by the ABC in 1964. The Royal Australian Mint has announced that, following the death of Queen Elizabeth II in 2022, it will produce one million $1 coins bearing King Charles' face in 2023 [1] with the new effigy to fully replace a temporary memorial effigy of Queen Elizabeth II by May 2024. [2]
The round fifty cent coin was the highest-denomination and largest diameter coin of the Australian decimal coins, introduced in 1966. It has a nominal value of half an Australian dollar, equivalent to five shillings in the pre-decimal accounting system. Due to the large number minted in 1966, and the rising cost of silver, it was not made in ...
The Australian florin was a coin used in the Commonwealth of Australia before decimalisation in 1966. The florin was worth two shillings (24 pence , or one-tenth of a pound ). The denomination was first minted in 1910 to the same size and weight as the British florin .
The Australian Crown was a coin used in the Commonwealth of Australia prior to decimalisation in 1966. The denomination was only minted in 1937 and 1938. It was of similar size and weight to the British crown and was made of sterling silver for both its years of production.
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