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The Australian penny was a coin of the Australian pound, which followed the £sd system. It was used in the Commonwealth of Australia prior to decimalisation in 1966. One Australian penny was worth 1 ⁄ 12 Australian shilling , 1 ⁄ 24 Australian florin , 1 ⁄ 60 Australian crown , and 1 ⁄ 240 Australian pound .
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 ...
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.
The Australian threepence (pron. "thrippence"), commonly referred to as the "threepenny bit", is a small silver coin used in the Commonwealth of Australia prior to decimalisation. It was minted from 1910 until 1964, excluding 1913, 1929–1933 inclusive, 1937, 1945 and 1946.
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 ]
The Crown quickly lost its commemorative appeal and its lack of popularity led to its production being terminated. 1,008,000 Australian Crowns were minted in 1937 and 101,600 were minted in 1938, making the 1938 much more valuable today. In very fine condition, a 1937 crown is worth about $35, [1] whereas the 1938 crown in very fine condition ...
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The colony of Fiji issued a one penny Edward VIII coin in 1936 as did New Guinea. Additional issues were made for British West Africa (three values) and East Africa (two values). None of these have an effigy because of a hole in the middle of the coins, but they do carry the inscription "Edward VIII" except for New Guinea which has the cypher ...