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Australian Coins
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 as well as British 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. First coins For many years after the first Australian colony, New South Wales (NSW), was founded in 1788, it did not have its own currency and had to rely on the coins of other countries. During the early days of the colony, commodities such as wheat were sometimes used as a currency because of the shortage of coins. Also many transactions were carried out using promissory notes or a barter system, which included trafficking in alcohol, known as 'rum currency', a system disbanded when Macquarie became governor on 1 January 1810. Spanish dollars were sometimes cut into quarters ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Coins
A coin is a small object, usually round and flat, used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order to facilitate trade. They are most often issued by a government. Coins often have images, numerals, or text on them. The faces of coins or medals are sometimes called the ''obverse'' and the ''reverse'', referring to the front and back sides, respectively. The obverse of a coin is commonly called ''heads'', because it often depicts the head of a prominent person, and the reverse is known as ''tails''. The first metal coins – invented in the ancient Greek world and disseminated during the Hellenistic period – were precious metal–based, and were invented in order to simplify and regularize the task of measuring and weighing bullion (bulk metal) carried around for the purpose of transactions. They carried their value within the coins themselves, but the stampings also induced manipu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lachlan Macquarie
Major-general (United Kingdom), Major General Lachlan Macquarie, Companion of the Order of the Bath, CB (; ; 31 January 1762 – 1 July 1824) was a British Army officer and colonial administrator from Scotland. Macquarie served as the fifth Governor of New South Wales from 1810 to 1821, and had a leading role in the social, economic, and architectural development of the colony. He is considered by historians to have had a crucial influence on the transition of New South Wales from a penal colony to a free settlement and therefore to have played a major role in the shaping of Australian society in the early nineteenth century. Macquarie played a central role in urban planning in the colony. He had a significant impact on the development of modern Sydney, establishing the layout upon which the modern Sydney central business district, city centre is based, establishing Hyde Park, Sydney, Hyde Park as Australia's first public park, overseeing the construction of various public buildi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Canberra Times
''The Canberra Times'' is a daily newspaper in Canberra, Australia, which is published by Australian Community Media. It was founded in 1926, and has changed ownership and format several times. History ''The Canberra Times'' was launched in 1926 by Thomas Shakespeare along with his oldest son Arthur Shakespeare and two younger sons Christopher and James. The newspaper's headquarters were originally located in the Civic retail precinct, in Cooyong Street and Mort Street, in blocks bought by Thomas Shakespeare in the first sale of Canberra leases in 1924. The newspaper's first issue was published on 3 September 1926. It was the second paper to be printed in the city, the first being '' The Federal Capital Pioneer''. Between September 1926 and February 1928, the newspaper was a weekly issue. The first daily issue was 28 February 1928. In June 1956, ''The Canberra Times'' converted from broadsheet to tabloid format. Arthur Shakespeare sold the paper to John Fairfax ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Decimalisation
Decimalisation or decimalization (see American and British English spelling differences, spelling differences) is the conversion of a system of currency or of weights and measures to units related by Power of 10, powers of 10. Most countries have decimalised their currencies, converting them from non-decimal sub-units to a decimal system, with one basic currency unit and sub-units that are valued relative to the basic unit by a power of 10 (number), 10, most commonly 100 and exceptionally 1000, and sometimes at the same time, changing the name of the currency and/or the conversion rate to the new currency. Today, only two countries have ''de jure'' non-decimal currencies, these being Mauritania (where 1 Mauritanian ouguiya, ouguiya = 5 khoums) and Madagascar (where 1 Malagasy ariary, ariary = 5 iraimbilanja): however, these currencies are ''de facto'' decimal as the value of both currencies' main unit is now so low that the sub-units are too small to be of any practical use, and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Pound
The pound (sign: £, £A for distinction) was the currency of Australia from 1910 until 14 February 1966, when it was replaced by the Australian dollar. Like other £sd currencies, it was subdivided into 20 shillings (denoted by the symbol s or /–), each of 12 pence (denoted by the symbol d). History The establishment of a separate Australian currency was contemplated by section 51(xii) of the Constitution of Australia, which gave the Federal Parliament power to legislate with respect to "currency, coinage, and legal tender". Establishment Coinage The Deakin government's ''Coinage Act 1909'' distinguished between "British coin" and "Australian coin", giving both status as legal tender of equal value. The Act gave the Treasurer the power to issue silver, bronze and nickel coins, with the dimensions, size, denominations, weight and fineness to be determined by proclamation of the Governor-General. The first coins were issued in 1910, produced by the Royal Mint in Lond ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Dollar
The Australian dollar (currency sign, sign: $; ISO 4217, code: AUD; also abbreviated A$ or sometimes AU$ to distinguish it from other dollar, dollar-denominated currencies; and also referred to as the dollar or Aussie dollar) is the official currency and Legal tender#Australia, legal tender of Australia, including States and territories of Australia, all of its external territories, and three independent sovereign Pacific Islands, Pacific Island states: Kiribati, Nauru, and Tuvalu. * ThMoney Trackersite allows users to track Australian banknotes as they circulate around Australia. Images of historic and modern Australian bank notes* [https://www.rba.gov.au/statistics/historical-data.html?v=2022-09-25-02-11-35#exchange-rates Reserve Bank of Australia – historical data of AUD since 1969 (various .xls files)] The banknotes of Australia {{Authority control 1966 establishments in Australia Articles containing video clips Circulating currencies Currencies int ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ABC Decimal Currency
ABC are the first three letters of the Latin script. ABC or abc may also refer to: Arts, entertainment and media Broadcasting * Aliw Broadcasting Corporation, Philippine broadcast company * American Broadcasting Company, a commercial American TV broadcaster ** Disney–ABC Television Group, the former name of the parent organization of ABC * Australian Broadcasting Corporation, one of the national publicly funded broadcasters of Australia ** ABC Television (Australian TV network), the national television network of the Australian Broadcasting Corporation *** ABC TV (Australian TV channel), the flagship TV station of the Australian Broadcasting Corporation *** ABC Canberra (TV station), Canberra, and other ABC TV local stations in state capitals *** ABC Australia (Southeast Asian TV channel), an international pay TV channel * ABC Radio (other), several radio stations * Associated Broadcasting Corporation, the former name of TV5 Network, Inc., a Philippine media company ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Crown (British Coin)
The crown was a denomination of sterling coinage worth a quarter of one pound (fiveshillings, or 60 (old) pence). The crown was first issued during the reign of Edward VI, as part of the coinage of the Kingdom of England. Always a heavy silver coin weighing around one ounce, during the 19th and 20th centuries the crown declined from being a real means of exchange to being a coin rarely spent, and minted for commemorative purposes only. Unlike in some territories of the British Empire (such as Jamaica), in the UK the crown was never replaced as circulating currency by a five-shilling banknote. "Decimal" crowns were minted a few times after decimalisation of the British currency in 1971, initially with a nominal value of 25 (new) pence. However, commemorative crowns issued since 1990 have a face value of five pounds. History The coin's origins lie in the English silver crown, one of many silver coins that appeared in various countries from the 16th century onwards (most f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Section 51(xii) Of The Australian Constitution
Section 51 (xii) is a subsection of section 51 of the Constitution of Australia, that gives the Commonwealth Parliament the right to legislate with respect to "currency, coinage, and legal tender". Generally, powers in section 51 of the Constitution of Australia can also be legislated on by the states, although Commonwealth law will prevail in cases of inconsistency. However, the currency power must be read in conjunction with other parts of the Constitution of Australia. Section 115 of the Constitution establishes "a state shall not coin money, nor make anything but gold or silver coin a legal tender in the payment of debts". This section effectively makes the concurrent power in section 51(xii) exclusive to the Commonwealth. Despite this, coins of the Australian pound were not introduced until 1910, following the enactment of the ''Coinage Act 1909''. The federal government did not issue banknotes until 1913, following the passage of the ''Australian Notes Act 1910 The ''A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Token Coin
In numismatics, token coins or trade tokens are coin-like objects used instead of coins. The field of token coins is part of exonumia and token coins are token money. Their denomination is shown or implied by size, color or shape. They are often made of cheaper metals like copper, pewter, aluminium, brass and tin, or non-metals like bakelite, leather and porcelain. A legal tender coin is issued by a governmental authority and is medium of exchange, freely exchangeable for goods. A token coin has a narrower utility and is issued by a private entity. In many instances, token coins have become obsolete due to the use of cash, payment cards, stored value cards or other electronic transactions. Trade Coin-like objects from the Roman Empire called have been interpreted as an early form of token. Their functions are not documented, but they appear to have been brothel tokens or possibly gaming tokens. Medieval English monasteries issued tokens to pay for services from outsiders. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Victorian Gold Rush
The Victorian gold rush was a period in the history of Victoria, Australia, approximately between 1851 and the late 1860s. It led to a period of extreme prosperity for the Australian colony and an influx of population growth and financial capital for Melbourne, which was dubbed " Marvellous Melbourne" as a result of the procurement of wealth. Overview The Victorian Gold Discovery Committee wrote in 1854: With the exception of the more extensive fields of California, for a number of years the gold output from Victoria was greater than in any other country in the world. Victoria's greatest yield for one year was in 1856, when 3,053,744 troy ounces (94,982 kg) of gold were extracted from the diggings. From 1851 to 1896 the Victorian Mines Department reported that a total of 61,034,682 oz (1,898,391 kg) of gold was mined in Victoria. Gold was first discovered in Australia on 15 February 1823, by assistant surveyor James McBrien, at Fish River, between Ry ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australia 1857 Sovereign (proof)
Australia, officially the Commonwealth of Australia, is a country comprising the mainland of the Australian continent, the island of Tasmania and numerous smaller islands. It has a total area of , making it the sixth-largest country in the world and the largest in Oceania. Australia is the world's flattest and driest inhabited continent. It is a megadiverse country, and its size gives it a wide variety of landscapes and climates including deserts in the interior and tropical rainforests along the coast. The ancestors of Aboriginal Australians began arriving from south-east Asia 50,000 to 65,000 years ago, during the last glacial period. By the time of British settlement, Aboriginal Australians spoke 250 distinct languages and had one of the oldest living cultures in the world. Australia's written history commenced with Dutch exploration of most of the coastline in the 17th century. British colonisation began in 1788 with the establishment of the penal colony of Ne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
