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Possibly one day it will be removed, but there are no current plans to remove the Australian 5 cent coin from circulation in the foreseeable future.
The Royal Australian Mint is very conscious of making changes to the currency and do not do so lightly.
Wiki User
∙ 11y ago
Wiki User
∙ 14y agoFrom 1966 to 2007, approximately 820 million Australian 50 cent have been put into circulation. The final figures for 2008 are not yet available. There were no 50 cent coins issued in 1967, 1968, 1986, 1987 and 1992.
Wiki User
∙ 14y agoFrom 1966 to 2009 inclusive, there have been over 850 million Australian 50 cent coins minted for general circulation.
A good many of those, especially the older coins, will have been withdrawn due to wear and tear, and others due to damage. Many will be in coin collections and tucked away in long forgotten money boxes.
Wiki User
∙ 13y agoThere are no Australian general circulation 5 cent coins of any significant collector value, and then, they would have to be in mint uncirculated condition to get whatever small value they may have.
Representative examples of all years of issue of Australian 5 cent coins are still in circulation, so unless they are part of a Proof or Uncirculated mint set or are individual Proof or Uncirculated coins and in absolute mint condition, they are worth 5 cents.
The only Australian 5 cent coin to have more than a couple of Dollars as a collector coin would be the 1972 coin because there were significantly fewer of them minted than in any other year.
An Australian 1972 cupro-nickel 5 cent coin (QE II), uncirculated and in absolute mint condition could fetch up to $35 AUD.
There were 8.256 million minted.
A reputable coin dealer will be able to give a more accurate valuation.
Wiki User
∙ 11y agoAll years of issue of the Australian 5 cent coin are still potentially in circulation and are therefore worth 5 cents.
None are rare or valuable.
Uncirculated mint condition coins have some value, but will need to be in their original Royal Australian Mint packaging.
The 1972 Australian 5 cent coin had the fewest number minted at about 8.256 million coins. An "uncirculated mint condition" coin might fetch up to $35 AUD.
Wiki User
∙ 15y agoAbout 3,500 million Australian 5 cent coins have been put into circulation since Decimal Currency was introduced in 1966.
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What metal is the Australian 5 cent coin made from?
The alloy of Australia's circulating decimal "silver" coins (the 5¢, 10¢, 20¢ and 50¢) is actually 75% copper and 25% nickel.
What coins were issued in Australia in 1986?
Australia issued the following coins in 1986 - 1, 2, 5, 10, 20 and 50 cent coins were only issued in mint packs, not for general circulation. The 1 Dollar coins was the International Year of Peace commemorative and was the only general circulation coin issued in Australia in 1986. There were also a few Non-Circulating Legal Tender (NCLT) coins issued including $10 and $200 commemoratives.
What happens in Royal Australian mint?
The Royal Australian Mint (RAM) is responsible for producing all of Australia's circulating coins and the coins of many other countries. The RAM also produces a large variety of non-circulating coins, medals, medallions, tokens, etc. The Royal Australian Mint unveiled a new 50 cent coin today which commemorates the 60th anniversary of National Service at the Australian War Memorial in Canberra
What are Australian silver coins made of?
Australian silver coins (5, 10, 20 and 50 cent) are composed of 75% copper and 25% nickel. There is no silver in any circulating Australian coin.
What year did government start making 1 cent coins?
Decimal Currency commenced in Australia on the 14th of February, 1966, the day the 1 cent coin became the basic unit of our currency. The coins were actually minted in 1965 in the Melbourne, Perth and Sydney Mints. Coins minted for the release of Australia's decimal currency included the 1, 2, 5, 10, 20 and 50 cent coins.
What were the denominations of the french franc?
France uses the Euro, and as such has the same coins as other Euro nations. The (commonly circulating) coins are 1 cent, 2 cent, 5 cent, 10 cent, 20 cent, 50 cent, 1 Euro and 2 Euro coins. And banknotes in the denomination of 5 Euros, 10 Euros, 20 Euros, 50 Euros, 100 Euros, 200 Euros and 500 Euros.
What Australian coins were minted for circulation for 2010?
The Royal Australian Mint releases these statistics in its Annual Report issued after the end of the Financial Year. In the 2009/2010 Financial Year, the Royal Australian Mint produced the following circulating coins dated 2010 - No 5 cent coins. 20 million 10 cent coins. 27.775 million 20 cent coins. 8.904 million 20 cent commemorative coins. 12.464 million 50 cent coins. 11.452 million 50 cent commemorative coins. 3.9 million 1 Dollar coins. 8.325 million 1 Dollar commemorative coins. No 2 Dollar coins. These figures may change at the 2010/2011 Annual report to account for the second half of 2010.
How many Australian coins are a silver colour?
Silvery coloured Australian coins in general circulation are the 5, 10, 20 and 50 cent coins. Their composition is 75% copper and 25% nickel. There is no silver in any circulating Australian coin.
What are the denominations of Australia's banknotes and coins?
Australia's current banknotes consist of 5, 10, 20 ,50 and 100 Dollar notes all made of a polymer compound. Australia's current general circulation coinage consists of 5, 10, 20 and 50 cent coins, composed of 75% copper and 25% nickel, 1 and 2 Dollar coins composed of 92% copper, 6% aluminum and 2% nickel. Australia also has a range of non-circulating coins from 1 to 200 Dollars made of various precious metals, which are mostly for collectors or investment purposes.
How can you tell if a 1966 Australian 50 cent coins was minted in Canberra?
All 1966 Australian 50 cent coins were minted in Canberra. They have the distinction of possibly being the most hoarded coin in Australia.
What was on the Australian 20c piece in 1944?
Australia did not begin issuing 20 cent coins until 1966.
How many ten cent coins are equal in value to two fifty cent coins?
10 coins= 2 fifty cent coins.
