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At centre within a circle of beads, the denomination "ONE PENNY" in three lines above a plain scroll; around the circle of beads, "COMMONWEALTH OF AUSTRALIA" and date. Designed by W. H. Blackmore. 1911 1911–1936 Portrait of King George VI. Designed by Thomas H. Paget. Kangaroo facing left, "AUSTRALIA" above and "PENNY" below, date above ...
A genuine 1930 penny. 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]
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 ]
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.
On 7 April 1963 the government announced that a system of decimal currency was to be introduced into Australia at the earliest practicable date, and gave February 1966, as the tentative change-over date. [15] On 14 February 1966, the Australian pound was replaced by the Australian dollar [16] with the conversion
In 2016, one of these pennies sold at auction for $282,000. 5. 1909 VDB Matte Proof Lincoln Penny — $258,000 Older coins tend to be worth more the longer they are around.
27 June – Milton Clark, Australian rules footballer (died 2018) 7 July – Robert Raymond, filmmaker and television pioneer (died 2003) 29 July – Mac Wilson, Australian rules footballer (died 1996) 1 August – Pat McDonald, actress (died 1990) 23 August – Ronald Wilson, High Court justice (died 2005)
On 14 February 1966, a decimal currency, the dollar of one hundred cents, was introduced. [14] Under the implementation conversion rate, £A1 was set as the equivalent of $2. Thus, ten shillings became $1 and one shilling became 10¢. As a shilling was equal to twelve pence, a new cent was worth slightly more than a penny.