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It was introduced in 1969 [5] to replace the round fifty-cent coin issued in 1966. The original, round, 50-cent coin was made of 80% silver and 20% copper; but as the value of a free-floating silver price became higher, the coin's bullion value became more valuable than its face value; so that version was withdrawn from circulation and replaced ...
It has a nominal value of half an Australian dollar, equivalent to five shillings in the pre-decimal accounting system. Due to the large number minted in 1966, and the rising cost of silver, it was not made in any other year. It was replaced by a twelve-sided 50 cent coin in 1969, which retained its reverse of the Australian Coat of Arms.
The Australian dollar replaced the Australian pound on 14 February 1966 as part of the decimalisation process. [6] 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 The one- and two-cent coins were discontinued in 1990 and withdrawn from circulation in ...
3 50 cent coins. 4 20 cent coin. 5 10 cent coin. 6 5 cent coin. 7 References. 8 External links. ... these differing coin designs being labelled Australian ...
50 cents is a coinage value in many systems using decimal currencies. Examples include: Australian fifty-cent coin; 50-cent piece (Canadian coin) 50 euro cent coin; Half dollar (United States coin) Half guilder coin (Netherlands) Hong Kong fifty-cent coin
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.
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In its first year of 2007, only the one-ounce bullion coin was minted. All other sizes were minted in 2008, except for the 1 ⁄ 10 oz, which started to be produced in 2011. Between 2008 and 2010, the only numismatic or proof coinage minted was the one-ounce with gilded koalas. As of 2020, bullion coins are currently released in 1 kg and 1 oz ...