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The only Australian decimal general circulation coin to contain any silver was the 1966 "round" 50 cent coin.
It was made from 80% silver and 20% copper.
The price of silver soared in 1966/67 and the silver content became much more valuable than the face value of 50 cents. The coins were soon withdrawn from circulation and replaced in 1969 with the more familiar 12 sided cupro-nickel 50 cent coin.
What else can I help you with?
Is there any silver in a Queen Elizabeth II 1966 Australian 20 cent coin?
There is no silver in any circulating Australian decimal coin.
What is the value of silver in an Australian 50 cent coin?
No currently circulating Australian coin contains any silver. The only Australian 50 cent coin to contain any silver was the round 1966 coin which had an 80% silver content, about 0.3416 ounces. At today's prices about $10.70 USD.
Why was the metallic composition and shape of the 1966 Australian 50 cent coin changed?
The Australian 1966 50 cent coin was the first and last round Australian 50 cent coin produced by the Royal Australian Mint. With the wisdom of hindsight, this coin was a bit of a blunder on the part of the Royal Australian Mint. It was only very slightly larger in size to the Australian 20 cent coin and it had an 80% silver content at a time when the price of silver was increasing rapidly. It took only three of these coins to get one ounce of silver.
Are Australian coins from the late 1960's made from silver?
No. The only Australian decimal coin to ever contain any silver, was the 1966 round 50 cent coin. They were withdrawn from circulation when the price of silver skyrocketed in 1967.
Did Australian coins ever have silver in them?
Yes. Australian silver coins were first minted in 1910 by the Royal Mint London. The silver coins included the Threepence, Sixpence, Shilling, Florin (Two Shillings) and in 1937 and 1938 only, a Crown (Five Shillings). From 1910 to 1944, all Australian Threepences were sterling silver containing 92.5% silver. From 1947 to 1964 all Australian Threepences contained 50% silver. From 1910 to 1945, all Australian Sixpences were sterling silver containing 92.5% silver. From 1946 to 1963 all Australian Sixpences contained 50% silver. From 1910 to 1945, all Australian Shillings were sterling silver containing 92.5% silver. From 1946 to 1963 all Australian Shillings contained 50% silver. From 1910 to 1945, all Australian Florins were sterling silver containing 92.5% silver. From 1946 to 1963 all Australian Florins contained 50% silver. Both issues of the Australian Crown were sterling silver. At decimalisation in 1966, the only coin to contain any silver was the round 50 cent coin which had an 80% silver content. Since the price of silver sky rocketed at about this time, the silver 50 cent coin was withdrawn and eventually replaced with the more familiar 12 sided cupro-nickel 50 cent coin. Currently, there are no Australian circulating coins that contain any silver.
When did the first Australian 50 cent coin come out?
The first Australian 50 cent coin was issued on the 14th of February, 1966, along with the rest of the initial release of Australian decimal coins and banknotes. The original 1966 50 cent coin was round and had an 80% silver content. Due to steep increases in the proce of silver, somebody figured out that the silver was worth more than 50 cents, so the coin was discontinued. All subsequent 50 cent coins were 12 sided and had no silver in them at all.
What is the value of a 1933 Australian cent?
The Australian 2 cent coin was introduced at the changeover to decimal currency in 1966. There were no Australian "cent" coins minted prior to 1966.
When was Australian twenty-cent coin created?
Australian twenty-cent coin was created in 1966.
When was Australian five-cent coin created?
Australian five-cent coin was created in 1966.
Is the silver value of any Australian coin worth more than the nominal value?
Silver Australian coins were first issued in 1910 and were made from sterling silver which has a 92.5% silver content. This changed from 1946 onwards and the silver content was reduced to 50%. No Australian general circulation coin has had any silver content since 1966, except for the round 1966 50 cent coin. The silver content of the older predecimal coins possibly values the coins at more than face value, however, if the coins are in good condition, the collector value may be higher.
What was the area of the 1966 Australian 50 cent coin?
The 1966 Australian 50 cent coin has a diameter of 31.5mm. The area of one side of the coin is 779.3 square mm.
When did the Australian 50 cent piece change from being round to having straight edges?
The first and only round Australian 50 cent coin was minted in 1966 and was withdrawn shortly afterwards due to the steep rise in the price of silver. The 1966 round 50 cent coin had an 80% silver content. The next Australian 50 cent coin to be issued was in 1969. It was dodecagonal (12 sided) and made from a copper-nickel alloy.
