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The Australian Gold Nugget, also sometimes known as the Australian Gold Kangaroo, [1] is a gold bullion coin minted by the Perth Mint. The coins have been minted in denominations of 1 ⁄ 20 oz , 1 ⁄ 10 oz, 1 ⁄ 4 oz, 1 ⁄ 2 oz, 1 oz, 2 oz, 10 oz, and 1 kg of 24 carat gold.
The Royal Australian Mint regularly releases collectable coins, one of the most famous of which is the 1980–1994 gold two-hundred-dollar coin series. [7] Australian collectable coins are all legal tender [8] and can be used directly as currency or converted to "normal" coinage at a bank. Metals include aluminium bronze, silver, gold and bi ...
Name of bullion coin Fineness Weights options in troy ounces (ozt) 1 oz mintage (2018) Years minted Australia: Gold Nugget.9999: 1 ⁄ 20, 1 ⁄ 10, 1 ⁄ 4, 1 ⁄ 2, 1 2, 10, 1 kg: 188,921 [4] 1986–present 1991–present Dragon Rectangular Coin.9999: 1: 1,888: 2018–present [5] Austria: Vienna Philharmonic.9999: 1 ⁄ 25, 1 ⁄ 10, 1 ⁄ 4 ...
No double sovereigns were issued in 1986, 1994, 1995, 1997, 1999 or 2001, years in which the coin's place in the gold proof set was taken by a gold version of a commemorative £2 piece issued that year. In 1989, the usual designs were replaced with a commemorative evoking the design of the original English sovereign of 1489, by Bernard Sindall.
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. The conversion rate was A$2 = A£1.
The coins weighed 4.2 grams, and were 20 millimetres in diameter. Some coins issued between 1729 and 1739 carry the mark EIC under the king's head, to indicate the gold was provided by the East India Company, while some 1745 coins carry the mark LIMA to indicate the gold came from Admiral Anson's round-the-world voyage. The edge of the coin was ...
Unofficial gold coins were used during the gold rush of the 1850s. Traders' tokens were also used because of the shortage of coins caused by the large increase in population. Requests to make gold coins in Adelaide in 1852 to compensate for the shortage of coins were rejected by Britain after 25,000 One Pound pieces were struck. [5]
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]
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