When Australian banknotes made the change to decimal
Which year did the SI and $2 coins replace the paper notes? Which years have the 50c coins been minted? Which years have commemorative coins been minted? What are the values of the 1966 coins and notes?
Decimal currency was introduced in Australia in 1966.
At the time, the dollar was equivalent to 10 shillings (half a pound) in the former currency.
However, $1 and $2 coins were not introduced in this year. Coins were only produced in the denominations of 1c, 2c, 5c, 10c, 20c and 50c. In 1966, banknotes were issued in the denominations of $1, $2, $10 and $20.
The $5 note was introduced the following year, then $50 in 1973 and $100 in 1984. This was the same year that the $1 coin was introduced to replace the $1 note. The $2 coin was introduced in 1988. The Ic and 2c coins were discontinued in 1991
Commemorative 50c coins have been minted in the following years: 1970, 1977, 1981, 1982, 1988, 1991, 1994, 1995, 1998, two in 2000, 10 in 2001 (Centenary of Federation: one for each state and territory, including one for Norfolk Island and one for all of Australia), two in 2002, two in 2003, 2004, two in 2005, 18 in 2006 (for 16 different sports in the 2006 Melbourne Commonwealth Games, one for the Queen's Birthday and one for the royal visit), 2007, two in 2008, and 2010. Many commemorative Sl coins have also been minted, but not all were circulated.
The circulated coins include: 1986 (Inter-national Year of Peace), 1988 (First Fleet Bicentenary), 1993 (Landcare Australia), 1996 (Sir Henry Parkes Centenary), 1997 (Sir Charles Kingsford Smith Birth Centenary 1999 (International Year of Older Persons), two in 2001 (Centenary of Federation, Inter-national Year of the Volunteer), 2002 (Year of the Outback), two in 2003 (Australia's Volunteers, Centenary of Women's Suf-frage), 2005 (60th anniversary of the end of World War II), 2007 (APEC Australia), 2008 (Centenary of Scouts Australia), 2009 (Centenary of Commonwealth Age Pension), 2010 (Centenary of Girl Guides Australia).
The Royal Australian Mint also releases collectable coins, one of which is the gold $200 coin.
Collectable coins, even those in normal denominations, are legal tender and can be used as currency or converted into normal denominations at banks.
Source: The Adelaide Advertiser, 10 Feb 2011
=================
Australia's Most Valuable Stamps
- 1. Inverted Swan (1855): This stamp features a rare printing error where the frame is inverted, not the swan image. Only 15 of these stamps have been preserved, and one sold for approximately $290,000 in 2018.
- 2. King Edward VIII 2d Scarlet (1936): This stamp was printed to honour King Edward VIII but was withdrawn due to his abdication. A block of six stamps sold for around $282,284 in 2014, and a single stamp sold for $133,226 in 2015.
- 3. 10 Shillings Kangaroo & Map Essay Stamp (1911): This stamp was part of a competition to create Australia's first commonwealth stamp. A single stamp sold for $142,500 in 2012.
-Other Valuable Stamps
- £2 Kangaroo and Map Black and Rose Stamp (1912): This stamp features a kangaroo and map design and was the first issue of Australia's postal service. A scarce variety sold for $120,000 in 2007.
- Classic Victoria 3d Blue Stamp (1850): A vertical strip of four stamps sold for $94,875 in 2006.
- £1 Kangaroo and Map Chestnut & Bright Blue Stamp (1916): A rare variety with large "OS" punctures sold for $62,609 in 2018.
- 1p King George V Red Stamp (1914-1920): A block of four stamps with a sideways Crown watermark could fetch over $100,000 today.
- 6d Queen Victoria Green Pair of Stamps (1902): This rare pair of stamps sold for $44,270 in 2006 ¹.
Source: Find Your Stamps Value
No comments:
Post a Comment