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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 ...
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.
The most valuable blank coin listed on the U.S. Coins Guide site is a 90% silver dollar without a raised rim valued at $1,600 or more. The same type of silver dollar with a raised rim is valued at ...
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 ]
From 1923 it minted all pre-decimal denominations. It minted rarities such as the 1921/22 overdate threepence, 1923 half-penny and 1930 penny, as well as Australia's four commemorative florins in 1927 (Canberra), 1934/35 (Melbourne Centenary), 1951 (Federation Jubilee) and 1954 (Royal Visit).
This article originally appeared on GOBankingRates.com: Here’s Why You Need To Inspect Every 2009-2023 Penny (Hint: Some Are Worth $1K or More) Show comments Advertisement
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.