History of Australian Currency: From Pounds to Dollars
History of Australian Currency: From Pounds to Dollars
Jan 1, 2025
cgaa.org
Remembering the Australian cent! From 1966 to 1992, this coin was a symbol of the smallest change in our currency. Featuring the feathertail glider, a unique gliding possum, it’s a treasure for collectors. After its retirement, some were even melted down to create bronze medals for the 2000 Sydney Olympics, adding to its legacy. The decision to phase out the 1c and 2c coins in 1992 due to inflation and high production costs marked a significant shift in Australian currency history. #australia #m
0:26
Remembering the Australian cent! From 1966 to 1992, this coin was a symbol of the smallest change in our currency. Featuring the feathertail glider, a unique gliding possum, it’s a treasure for collectors. After its retirement, some were even melted down to create bronze medals for the 2000 Sydney Olympics, adding to its legacy. The decision to phase out the 1c and 2c coins in 1992 due to inflation and high production costs marked a significant shift in Australian currency history. #australia #m
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