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50 Cents - Elizabeth II 4th Portrait - Centenary of Australian Banknotes - 1 Pound
| Issuer | Royal Australian Mint |
|---|---|
| Year | 2013 |
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| Thickness | 3 mm |
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| Reverse description | The central field depicts a detailed vignette of the Victoria Hill Quartz Mine in Bendigo, Victoria, reproducing the iconic imagery originally featured on the first Australian one pound banknote of 1913. The commemorative legend CENTENARY of AUSTRALIAN BANKNOTES arcs above the central design, with the dual dates 1913 2013 flanking the lower field and the denomination 50 CENTS inscribed at the base. The composition pays homage to the centenary of Australia's first nationally issued paper currency. |
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| Reverse lettering | CENTENARY of AUSTRALIAN BANKNOTES 1913 2013 50 CENTS |
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| Additional information |
Australia's first Commonwealth banknotes entered circulation in 1913, replacing the notes of private trading banks under the newly established Australian Notes Act — a deliberate assertion of federal financial control that proved contentious with the banking sector for decades. The specific denomination commemorated here, the one pound note, was the workhorse of that inaugural issue, designed by an American bank-note company and printed in Melbourne under considerable public scrutiny.
Copper-nickel 50-cent pieces of this commemorative type were struck in large numbers for general circulation, which keeps acquisition costs modest.