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The quantity of 1981 and 1982 mintages of the 20-cent coin was sufficient to not require many coins released for circulation until 1990. The 1983 and 1984 coins were struck for circulation with mintages of 55.11 million and 27.82 million coins respectively, but were never released for general circulation.
Due to the metal exceeding face value, the minting of one- and two-cent coins was discontinued in 1991, and they were withdrawn from circulation. However, as of 1991, both coins were minted as collectors' items. Australian coins have medallic orientation, as do most other Commonwealth coins, Japanese yen coins, and euro coins.
At this time, 1, 2, 5, 10, 20, and 50 cent coins were issued. [ 6 ] $1 coins were first issued in 1984, [ 7 ] and $2 coins soon followed in 1988. The one- and two-cent coins were discontinued in 1990 and withdrawn from circulation in February 1992.
Most coins are worth their face value, but others are different story. Coin collectors seek rare currencies often valued at a small fortune or greater. Find Out: These 4 Rare Nickels From Over 20...
That changed in 1966, when the country converted to Australian dollars and cents, similar to the U.S. system. The majority of Australia’s most valuable coins were minted before the change.
A–Z (alphabet) coins issued featuring 'Iconic Australia'. A total of 26 coins issued. Great Coin Hunt – three A letter 'X' coin of the great coin hunt was released with a coloured reverse. Australian Football League premiership coin hunt Twenty coins released featuring eighteen team badges and two featuring the AFL & AFLW winning cups
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 .
No proof coins were minted between 2006 and 2011; however, there was a 1-ounce silver proof Kookaburra colored coin struck in 2012 for the Discover Australia coin series. [4] Since 2012, the proof coin has been struck in high relief only. Special editions such as privy marked, colored and gilded are often available. [5]
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