Australian dollar coins were introduced on February 14, 1966, although at the time they were not counting a dollar or two dollar coins. The dollar equals the value of 10 shillings in the old currency (half a pound).
Video Coins of the Australian dollar
Regular currency
Produced by the Royal Australian Mint, all current coins depict His Holiness Elizabeth II, Queen of Australia, on the front, with a statue now designed by Ian Rank-Broadley. This was matched by the design by Australian-born artist Stuart Devlin instead. They now consist of 50 à ¢, 20 à ¢, 10 à ¢ and 5 à ¢ coins - all still referred to as 'silver' despite being actually 75% copper and 25% nickel, and over the years there are also â ⬠Å"waungguâ ⬠2 à ¢ and 1 à ¢ coin.
Coins 50 à ¢ initially have a circular shape, and contain 80% silver and 20% copper, so the coin material is worth more than 50 à ¢. It was made to almost identical dimensional specs as England's 2'6 pence half-crown. However, to avoid confusion among coins, and because of the excess, it is only produced for a year and then withdrawn from circulation; no 50 cent coins were printed for 1967 or 1968. It was converted into a 12-sided form for 1969 and all the following years, but a 12-sided problem was printed as a specimen piece in 1966-67 to test the design. Since then it has been issued in standard design and warning.
The standard design on both versions of the coin is the same: the front carries a statue of sovereignty, and instead shows the Australian Coat. The dodecagonal version has a mass of 15.55 g and a diameter of 31.5 mm, and the round silver version has a mass of 13.28 g and a diameter of 31.5 mm. 94.13 Australian coins round 1966 50 à ¢ produce one kilogram of fine silver.
The "gold" coins of a dollar and two dollars were introduced in the 1980s. A dollar coin was introduced in 1984, to replace the same amount of banknotes. Two-dollar coins, also replacing paper money, were introduced in 1988. It has 2% nickel, 6% aluminum and 92% copper content. Thus, all Australian coins used today consist of more than half the copper. The two-dollar coins are smaller in diameter than the one-dollar coins, but two dollars are slightly thicker.
Coins of one and two cents were discontinued in 1991 as the metal exceeded its nominal value and withdrawn from circulation.
Australian coins have a medical orientation, as do most of the other Commonwealth coins, Japanese yen, and the euro. This is different from the coin orientation, which is used in United States currency.
Table
Maps Coins of the Australian dollar
Warning coins
Warning coins have been produced for various denominations in various years with images representing events replacing ordinary designs on the reverse side of coins. Within a few years, all coins of the denomination were replaced with different designs for that year. In other cases, only a few million coins have a design warning, and coins with standard reverse are also released.
No warning issues 1Ã, à ¢ and 2Ã, à ¢ coins have been produced, and with the exception of the 2016 problem, there has been no warning issues 5Ã, à ¢ and 10Ã, à ¢ coins. Many warning versions of 50 à ¢ coins have been placed in general circulation since 1970. The first $ 1 coin's warning issue was in 1986, 20 à ¢ the first warning issue in 1995, and the first $ 2 warning issue in 2012. Mintages reported for coins this coin. varying from about 500,000 to about 50 million.
In 1992, Mint started production warning issues that were not to be circulated. Mintages reported for these coins vary from about 5,000 to about 125,000, with the exception of four 25Ã, à ¢ coins of 2016 which each have 1 million.
In 2016, to celebrate 50 decades of currency, the warning design for the front of the coin is released. For now this is the only problem where the warning design is on the front face rather than on the opposite face.
Billable coins
The Royal Australian Mint regularly releases billable coins, one of the most famous is the two hundred dollar gold coin series 1980-1994. Australian collection coins are all valid payment instruments and can be used directly as currency or converted into "normal" currency in the bank. Metals include aluminum bronze, silver, gold and bi-metal coins. Nugget coins are issued in units of ounces and fractions or kilograms and have gold and platinum, some in dollars, and others based on their weight.
See also
- List of people who have appeared with Australian currency
- New Zealand dollar coins
- Swedish Rounding
Note
References and further reading
Source of the article : Wikipedia