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The original, round, 50-cent coin was made of 80% silver and 20% copper; but as the value of a free-floating silver price became higher, the coin's bullion value became more valuable than its face value; so that version was withdrawn from circulation and replaced with the dodecagonal cupro-nickel version. [3]
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 The one- and two-cent coins were discontinued in 1990 and withdrawn from circulation in February 1992.
The round fifty cent coin was the highest-denomination and largest diameter coin of the Australian decimal coins, introduced in 1966. It has a nominal value of half an Australian dollar, equivalent to five shillings in the pre-decimal accounting system. Due to the large number minted in 1966, and the rising cost of silver, it was not made in ...
Your old coins aren't the only items that could make you rich now -- Find out what your old baseball cards could be worth: Related Articles. AOL. Moving to a new state? Here's how to switch your ...
3 50 cent coins. 4 20 cent coin. 5 10 cent coin. 6 5 cent ... ASD cryptographic experts collaborated with the Royal Australian Mint to design the coins unique and ...
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.
In 1966, coins were introduced in denominations of 1 and 2 cents (bronze); 5, 10, and 20 cents (cupronickel; 75% copper, 25% nickel); and 50 cents (silver, then cupronickel). The 50-cent coins in 80% silver were no longer minted after March 1968 due to the intrinsic value of the silver content rising to exceed the face value of the coins. [25]
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 ...
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