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| Issuer | Royal Australian Mint |
|---|---|
| Year | 2016 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Technique | Milled |
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| Obverse description | Log in to see details |
|---|---|
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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.