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20 Cents - Elizabeth II 4th Portrait - Centenary of Australian Banknotes - 10 Shilling
| Issuer | Royal Australian Mint |
|---|---|
| Year | 2013 |
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| Composition | Log in to see details |
| Weight | 11.31 g |
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| Obverse description | Log in to see details |
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| Reverse lettering | CENTENARY OF AUSTRALIAN BANKNOTES 20 |
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| Mint | Royal Australian Mint, Canberra |
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| Additional information |
Australia's first paper currency, the 10-shilling note, entered circulation in 1913 under the newly established Australian Notes Act, which stripped the private trading banks of their long-held right to issue their own banknotes. The political fight behind that legislation was considerable — the banks resisted fiercely, and the Commonwealth's victory effectively centralised monetary control for the first time in the nation's history.
This 2013 commemorative marks the centenary of that transition. The underlying 20-cent coin format made it an accessible release rather than a premium numismatic item, and the RAM issued it into general collector channels without significant mintage restriction.