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The twelve-sided Australian fifty-cent coin is the third-highest denomination coin of the Australian dollar and the largest in terms of size in circulation. It is equal in size and shape to the Cook Island $5 coin , and both remain the only 12-sided coins in the southern hemisphere.
Coins of the Australian dollar are circulated with different designs depicting various anniversaries or significant Australian events, these differing coin designs being labelled Australian commemorative coins. Typically, only the 20c, 50c, $1 and $2 coins have been minted in commemoration.
A special 2c coin was released, showcasing one of Stuart Devlin's alternative designs. Many commemorative versions of the 50c coin have been placed in general circulation since 1970. The first $1 coin commemorative issue was in 1986, the first 20c commemorative issue in 1995, and the first $2 commemorative issue in 2012. Mintages reported for ...
Market prices as at June 2018 are about $7/kg for copper and $15/kg for nickel, making the metal content of the 5c coin worth only 2.5c or 50% of its face value (about the same as for a 10c or 20c coin). The production cost of the coin was 12c in 2022. [7] 5c coins are legal tender for amounts not exceeding $5 for any payment of a debt. [8]
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 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 ...
50c: C: P: 1981: As Lady Diana Spencer; joint commemorative issue to celebrate her engagement to Charles, Prince of Wales: $25: C: P: 1992: Commemorative coin set to celebrate The Queen's Ruby Jubilee, the 40th anniversary of her accession. Titled 'The Royal Ladies', it consists of four proof coins.
Four portraits of Queen Elizabeth II have featured on the obverse, the 1984 head of Queen Elizabeth II by Arnold Machin; between 1985 and 1998, the head by Raphael Maklouf; between 1999 and 2009, the head by Ian Rank-Broadley; and since 2019, the effigy of Elizabeth II by artist Jody Clark has been released into circulation. The coin features ...