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The quantity of 1981 and 1982 mintages of the 20-cent coin was sufficient to not require many coins released for circulation until 1990. The 1983 and 1984 coins were struck for circulation with mintages of 55.11 million and 27.82 million coins respectively, but were never released for general circulation.
That changed in 1966, when the country converted to Australian dollars and cents, similar to the U.S. system. The majority of Australia’s most valuable coins were minted before the change.
Coins of the Australian dollar are circulated with different designs depicting various anniversaries or significant Australian events, these differing coin designs being labelled Australian commemorative coins. Typically, only the 20c, 50c, $1 and $2 coins have been minted in commemoration.
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 The one- and two-cent coins were discontinued in 1990 and withdrawn from circulation in February 1992.
Read on for a roundup of the most valuable coins from the 1930s, ’40s, ’50s and ’60s to see if you may have hidden treasure of your own. Check Out: These 11 Rare Coins Sold for Over $1 Million
Most coins are worth their face value, but others are different story. Coin collectors seek rare currencies often valued at a small fortune or greater. Read More: 20 Rare State Quarters Worth ...
As of 2021 the five cent coin retains the same size and value of the old six pence. As such, the old sixpence coins have never been demonetised in Australia and can still be found in change occasionally. The same applies to the Shilling, which became ten cents, and the Florin, which became twenty cents.
The Flying Eagle cent may not be as rare as the 1943 Lincoln cents, but they are still worth more than six figures. More than 600 of these coins were given to politicians and others during the ...