Coins of Australia Coins of Australia Australian coins refers to the coins which are or were in use as Australian currency. During the early days of the colonies that formed Australia, foreign currency was used, but in 1910, a decade after federation, Australian coins were introduced. Australia used pounds, shillings and pence until 1966, when it adopted the decimal system with the Australian dollar divided into 100 cents. With the exception of the first Proclamation Coinage and the holey dollars, all Australian coins remain legal tender despite being withdrawn from circulation. For many years after the first Australian colony, New South Wales, was
Twopence (British pre-decimal coin) below and to the right. Above, on the rim, is incused the word , and on the rim below the image is incused the date . The reverse was also designed by Kuchler. The word appears next to the shield, indicating that the coin came from the Soho Mint. Twopence (British pre-decimal coin) The pre-decimal twopence (2d) was a coin worth one one-hundred-and-twentieth of a pound sterling, or two pence. It was a short-lived denomination, only being minted in 1797 by Matthew Boulton's Soho Mint. Before Decimal Day in 1971, two hundred and forty pence equaled one pound sterling. Twelve