What Is the Value of Some Old Australian Coins?
Until 1966, Australia’s monetary system was based on the British system of pounds, shillings and pence. A pound consisted of 20 shillings, each of which contained 12 pence. Old Australian coins are rich and varied in their history and imagery. Some are prized by collectors for their unusual form, while others hold special cultural significance. Australia’s mints used gold, silver and base metals. Coins vary in worth according to the value of metallic content and collector demand.
