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The Australian two-dollar coin is the highest-denomination circulating coin of the Australian dollar. It was first issued on 20 June 1988, having been in planning since the mid-1970s. It replaced the Australian two-dollar note due to having a longer circulatory life. [2]
The one-dollar coin was introduced in 1984, to replace the banknote of the same value. The two-dollar coin, also replacing a banknote, was introduced in 1988. They have content of 2% nickel, 6% aluminium and 92% copper. The two-dollar coin is smaller in diameter than the one-dollar coin, but the two-dollar is slightly thicker.
Australia's first commemorative $2 coin was released in 2012 to commemorate Remembrance Day. It features a poppy in the centre on a background of microtext, reading: "remembrance day" and "lest we forget". [1] As Canada also has coloured circulating coins, Australia is now the second country to do so. [2]
Find Out: These 11 Rare Coins Sold for Over $1 Million. Explore More: Check Your $2 Bills — They Could Be Worth a Ton. Here, GOBankingRates looks at 29 of the most valuable coins ever minted ...
The two dollar note was replaced by a gold-coloured coin on 14 June 1988 (Monday), due to the longer service life and cost effectiveness of coins. These notes can still be redeemed at face value by the Reserve Bank of Australia and most commercial banks, [ 1 ] but numismatics and note collectors may pay a higher price for these notes depending ...
List of most expensive coins Price Year Type Grade Issuing country Provenance Firm Date of sale $18,900,000 1933 1933 double eagle: MS-65 CAC United States: King Farouk of Egypt: Sotheby's [1] June 8, 2021 $12,000,000 1794 Flowing Hair dollar: SP-66 CAC United States Neil, Carter Private sale [2] January 24, 2013 $9,360,000 1787 Brasher ...