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50 Cents - Elizabeth II 4th Portrait - 50th Anniversary of Decimal Currency

Issuer Royal Australian Mint
Year 2016
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Technique Milled
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Reverse lettering 50 SD
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Mintage 2016 - BU - Mint Roll (5,000 Rolls) - 100,000
2016 - BU - Sealed Mint Bag -
2016 - BU World Money Fair Set - 1,250
2016 - BU Year Set - 63,571
2016 - Circulating - 7,036,000
2016 - Proof Year Set - 25,840
Additional information

Australia's decimal conversion on 14 February 1966 was one of the most ambitious currency changeovers in Commonwealth history, replacing the pound at a rate of two dollars to one — a ratio chosen specifically to simplify the mental arithmetic for a population that had spent generations working in pounds, shillings, and pence. The original 50-cent piece issued that year was round and struck in 80% silver, but rising silver prices forced its withdrawal within two years, making the inaugural decimal 50-cent one of the shortest-lived circulating silver coins in Australian history.

This 2016 commemorative marks exactly fifty years from that February launch.

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