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At centre within a circle of beads, the denomination "ONE HALF PENNY" in three lines above a plain scroll; around the circle of beads, "COMMONWEALTH OF AUSTRALIA" and date. Designed by W. H. Blackmore. Plain 1911 14 February 1966 1911–1936 Portrait of King George VI. Designed by Thomas H. Paget. 1938 1938–1939
The Australian penny was a coin of the Australian pound, which followed the £sd system. It was used in the Commonwealth of Australia prior to decimalisation in 1966. One Australian penny was worth 1 ⁄ 12 Australian shilling, 1 ⁄ 24 Australian florin, 1 ⁄ 60 Australian crown, and 1 ⁄ 240 Australian pound.
In computing, an epoch is a fixed date and time used as a reference from which a computer measures system time. Most computer systems determine time as a number representing the seconds removed from a particular arbitrary date and time. For instance, Unix and POSIX measure time as the number of seconds that have passed since Thursday 1 January ...
At federation in 1901 and for a period afterwards, the currency used in the Australian colonies which became states consisted of British silver and copper coins, Australian minted gold sovereigns (worth £1) and half sovereigns, locally minted copper trade tokens (suppressed in 1881, some state earlier [8]) and private bank notes.
The reverse during this time consisted of the words "ONE HALF PENNY" in three lines at the centre, surrounded by a beaded circle. A small scroll is located under the word "PENNY" within the beaded circle, and the legend "COMMONWEALTH OF AUSTRALIA" with the issued date surrounding the circle of beads. [ 7 ]
It may be time to dig out that old piggy bank and see if you’ve got a fortune stashed away. Your pennies might be worth thousands. The top 25 most valuable pennies revealed
Some of the pennies lying around your house could far exceed their face value of one cent. ... 4,500 up to $172,500. 8. 1864 Indian Head Penny “L” on Ribbon — $161,000 ... penny from this ...
In 1949, when the United Kingdom devalued sterling against the US dollar, Australian Prime Minister and Treasurer Ben Chifley followed suit so the Australian pound would not become over-valued in sterling zone countries with which Australia did most of its external trade at the time. As one pound sterling went from US$4.03 to US$2.80, the ...