Coins Of Australia
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Coins Of Australia
Australian coins refers to the coins which are or were in use as Australian currency. During the early days of the colonies that formed Australia, foreign as well as British currency was used, but in 1910, a decade after federation, Australian coins were introduced. Australia used pounds, shillings and pence until 1966, when it adopted the decimal system with the Australian dollar divided into 100 cents. With the exception of the first Proclamation Coinage and the holey dollars, all Australian coins remain legal tender despite being withdrawn from circulation. First coins For many years after the first Australian colony, New South Wales (NSW), was founded in 1788, it did not have its own currency and had to rely on the coins of other countries. During the early days of the colony, commodities such as wheat were sometimes used as a currency because of the shortage of coins. Also many transactions were carried out using promissory notes or a barter system, which included traffick ...
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Coins
A coin is a small, flat (usually depending on the country or value), round piece of metal or plastic used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order to facilitate trade. They are most often issued by a government. Coins often have images, numerals, or text on them. ''Obverse'' and its opposite, ''reverse'', refer to the two flat faces of coins and medals. In this usage, ''obverse'' means the front face of the object and ''reverse'' means the back face. The obverse of a coin is commonly called ''heads'', because it often depicts the head of a prominent person, and the reverse ''tails''. Coins are usually made of metal or an alloy, or sometimes of man-made materials. They are usually disc shaped. Coins, made of valuable metal, are stored in large quantities as bullion coins. Other coins are used as money in everyday transactions, circulating alongside banknotes. Usually the highest value ...
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Britannia
Britannia () is the national personification of Britain as a helmeted female warrior holding a trident and shield. An image first used in classical antiquity, the Latin ''Britannia'' was the name variously applied to the British Isles, Great Britain, and the Roman province of Britain during the Roman Empire. Typically depicted reclining or seated with spear and shield since appearing thus on Roman coins of the 2nd century AD, the classical national allegory was revived in the early modern period. On coins of the pound sterling issued by Charles II of England, Scotland, and Ireland, Britannia appears with her shield bearing the Union Flag. To symbolise the Royal Navy's victories, Britannia's spear became the characteristic trident in 1797, and a helmet was added to the coinage in 1825. By the 1st century BC, Britannia replaced Albion as the prevalent Latin name for the island of Great Britain. After the Roman conquest in 43 AD, ''Britannia'' also came to refer to the Roman ...
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Decimalisation
Decimalisation or decimalization (see spelling differences) is the conversion of a system of currency or of weights and measures to units related by powers of 10. Most countries have decimalised their currencies, converting them from non-decimal sub-units to a decimal system, with one basic currency unit and sub-units that are to a power of 10, most commonly 100, and exceptionally 1000; and sometimes at the same time changing the name of the currency or the conversion rate to the new currency. Today, only two countries have non-decimal currencies: Mauritania, where 1 ouguiya = 5 khoums, and Madagascar, where 1 ariary = 5 iraimbilanja. However, these are only theoretically non-decimal, as, in both cases, the value of the main unit is so low that the sub-units are too small to be of any practical use and coins of the sub-units are no longer used. Russia was the first country to convert to a decimal currency when it decimalised under Tsar Peter the Great in 1704, resulting in the ru ...
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Australian Pound
The pound ( Sign: £, £A for distinction) was the currency of Australia from 1910 until 14 February 1966, when it was replaced by the Australian dollar. As with other £sd currencies, it was subdivided into 20 shillings (denoted by the symbol s or /–), each of 12 pence (denoted by the symbol d). History The establishment of a separate Australian currency was contemplated by section 51(xii) of the Constitution of Australia, which gave Federal Parliament the right to legislate with respect to "currency, coinage, and legal tender". Establishment Coinage The Deakin Government's ''Coinage Act 1909'' distinguished between "British coin" and "Australian coin", giving both status as legal tender of equal value. The Act gave the Treasurer the power to issue silver, bronze and nickel coins, with the dimensions, size, denominations, weight and fineness to be determined by proclamation of the Governor-General. The first coins were issued in 1910, produced by the Royal Mint in Lond ...
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Australian Dollar
The Australian dollar (sign: $; code: AUD) is the currency of Australia, including its external territories: Christmas Island, Cocos (Keeling) Islands, and Norfolk Island. It is officially used as currency by three independent Pacific Island states: Kiribati, Nauru, and Tuvalu. It is legal tender in Australia.''Reserve Bank Act 1959'', s.36(1)
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''Currency Act 1965'', s.16
Within Australia, it is almost always abbreviated with the ($), with A$ or AU$ sometimes used to distinguish it from other

ABC Decimal Currency
ABC are the first three letters of the Latin script known as the alphabet. ABC or abc may also refer to: Arts, entertainment, and media Broadcasting * American Broadcasting Company, a commercial U.S. TV broadcaster ** Disney–ABC Television Group, the former name of the parent organization of ABC * Australian Broadcasting Corporation, one of the national publicly funded broadcasters of Australia **ABC Television (Australian TV network), the national television network of the Australian Broadcasting Corporation ***ABC TV (Australian TV channel), the flagship TV station of the Australian Broadcasting Corporation ***ABC Canberra (TV station), Canberra, and other ABC TV local stations in state capitals ***ABC Australia (Southeast Asian TV channel), an international pay TV channel * ABC Radio (other), various radio stations including the American and Australian ABCs * Associated Broadcasting Corporation, one of the former names of TV5 Network, Inc., a Philippine televisio ...
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Crown (British Coin)
The British crown was a denomination of sterling coinage worth of one pound, or 5 shillings, or 60 (old) pence. The crown was first issued during the reign of Edward VI, as part of the coinage of the Kingdom of England. Always a heavy silver coin weighing around one ounce, during the 19th and 20th centuries the crown declined from being a real means of exchange to being a coin rarely spent, and minted for commemorative purposes only. Unlike in some territories of the British Empire (such as Jamaica), in the UK the crown was never replaced as circulating currency by a five-shilling banknote. "Decimal" crowns were minted a few times after decimalisation of the British currency in 1971, initially with a nominal value of 25 (new) pence. However, commemorative crowns issued since 1990 have a face value of five pounds. History The coin's origins lie in the English silver crown, one of many silver coins that appeared in various countries from the 16th century onwards (most fa ...
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Section 51(xii) Of The Australian Constitution
Section 51 (xii): is a subsection of Section 51 of the Constitution of Australia, that gives the Commonwealth Parliament the right to legislate with respect to “currency, coinage, and legal tender.” Generally, powers in section 51 of the Constitution of Australia can also be legislated on by the states, although Commonwealth law will prevail in cases of inconsistency. However, the currency power must be read in conjunction with other parts of the Constitution of Australia. Section 115 of the Constitution establishes “a state shall not coin money, nor make anything but gold or silver coin a legal tender in the payment of debts”. This section effectively makes the concurrent power in section 51(xii) exclusive to the Commonwealth. Despite this, coins of the Australian pound were not introduced until 1910, following the enactment of the ''Coinage Act 1909''. The federal government did not issue banknotes until 1913, following the passage of the ''Australian Notes Act 1910' ...
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Token Coin
In numismatics, token coins or trade tokens are coin-like objects used instead of coins. The field of token coins is part of exonumia and token coins are token money. Their denomination is shown or implied by size, color or shape. They are often made of cheaper metals like copper, pewter, aluminium, brass and tin, or non-metals like bakelite, leather and porcelain. A legal tender coin is issued by a governmental authority and is freely exchangeable for goods. A token coin is less useful and issued by a private entity. Trade or barter Coin-like objects from the Roman Empire called have been interpreted as an early form of token. Their functions are not documented, but they appear to have been brothel tokens or possibly gaming tokens. Medieval English monasteries issued tokens to pay for services from outsiders. These tokens circulated in nearby villages, where they were called "Abbot's money". Also, counters called jetons were used as small change without official blessing. ...
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Victorian Gold Rush
The Victorian gold rush was a period in the history of Victoria, Australia approximately between 1851 and the late 1860s. It led to a period of extreme prosperity for the Australian colony, and an influx of population growth and financial capital for Melbourne, which was dubbed "Marvellous Melbourne" as a result of the procurement of wealth. Overview The Victorian Gold Discovery Committee wrote in 1854: With the exception of the more extensive fields of California, for a number of years the gold output from Victoria was greater than in any other country in the world. Victoria's greatest yield for one year was in 1856, when 3,053,744 troy ounces (94,982 kg) of gold were extracted from the diggings. From 1851 to 1896 the Victorian Mines Department reported that a total of 61,034,682 oz (1,898,391 kg) of gold was mined in Victoria. Gold was first discovered in Australia on 15 February 1823, by assistant surveyor James McBrien, at Fish River, between Rydal ...
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Australia 1857 Sovereign (proof)
Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, smaller islands. With an area of , Australia is the largest country by area in Oceania and the world's List of countries and dependencies by area, sixth-largest country. Australia is the oldest, flattest, and driest inhabited continent, with the least fertile soils. It is a Megadiverse countries, megadiverse country, and its size gives it a wide variety of landscapes and climates, with Deserts of Australia, deserts in the centre, tropical Forests of Australia, rainforests in the north-east, and List of mountains in Australia, mountain ranges in the south-east. The ancestors of Aboriginal Australians began arriving from south east Asia approximately Early human migrations#Nearby Oceania, 65,000 years ago, during the Last Glacial Period, last i ...
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Joseph Bonaparte
it, Giuseppe-Napoleone Buonaparte es, José Napoleón Bonaparte , house = Bonaparte , father = Carlo Buonaparte , mother = Letizia Ramolino , birth_date = 7 January 1768 , birth_place = Corte, Corsica, Republic of Genoa , death_date = , death_place = Florence, Tuscany , religion = Roman Catholicism , signature = Signatur Joseph Bonaparte.PNG , burial_place =Hôtel des Invalides Joseph-Napoléon Bonaparte (born Giuseppe di Buonaparte, ; co, Ghjuseppe Nabulione Bonaparte; es, José Napoleón Bonaparte; 7 January 176828 July 1844) was a French statesman, lawyer, diplomat and older brother of Napoleon Bonaparte. During the Napoleonic Wars, the latter made him King of Naples (1806–1808), and then King of Spain (1808–1813). After the fall of Napoleon, Joseph styled himself ''Comte de Survilliers'' and emigrated to the United States, where he settled near Bordentown, New Jersey, on an estate overlooking the Delaware River not far fro ...
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