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A genuine 1930 penny. The 1930 penny is one of the rarest Australian coins, due to a very small number being minted, [1] and holds the record as the most valuable copper penny in the world. [2] It is highly sought after by coin collectors, and a 1930 penny in very fine condition can be worth A$45,000 or more. [3]
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 ...
1920 Square Penny Type 9: The Type 9 version of this coin was unusual because of some of its details as well as the quality of the strike, which was much better than other 1920 specimens. One ...
English shilling = 1/1 (1 shilling and 1 penny). Copper coin of 1 oz = 2 pence. [2] The settlers did have some George III one-penny coins, which were referred to as "Cartwheel pennies". These were the first British coins to be officially exported to the Australian colonies, and so can be considered Australia's first official coins.
According to CoinTrackers, rare copper-minted pennies that are still in circulation have been valued at up to $85,000.
This penny somehow missed the 1944 transition from steel-coated zinc to copper, and it’s worth a fortune as a result. Just two copies of the San Francisco-minted version remain.
The Deakin government's Coinage Act 1909 [3] distinguished between "British coin" and "Australian coin", giving both status as legal tender of equal value. The Act gave the Treasurer the power to issue silver, bronze and nickel coins, with the dimensions, size, denominations, weight and fineness to be determined by proclamation of the Governor-General.
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 ]