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.
The alloy of Australia's circulating decimal "silver" coins (the 5¢, 10¢, 20¢ and 50¢) is actually 75% copper and 25% nickel.
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.
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
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.
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.
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.
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.
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.
All 1966 Australian 50 cent coins were minted in Canberra. They have the distinction of possibly being the most hoarded coin in Australia.
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.
10 coins= 2 fifty cent coins.
75 cents can be made from 5 ten-cent coins, 3 five-cent coins, and 10 one-cent coins.