Perth Mint Issues 2016 Two-Coin Silver Proof Set for Decimal Currency Anniversary

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The Perth Mint has released a two-coin silver Proof set in honor of the 50th anniversary of the introduction of Australia’s decimal currency. The included coins replicate the country’s original 1- and 2-cent pieces, but are each composed of an ounce of 99.9% silver. The set is available for $180.91 AUD ($124.58 US) and has a mintage limited to 2,000 units.

A press release notes that as Australia moved from the British pounds, shillings, and pence system toward its own decimal currency in 1966, the Perth Mint was responsible for the production of much of the country’s low denomination coinage, including the 1- and 2-cent issues.

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The reverse of the 1 cent replica features an image of a feathertail glider first used when the denomination was introduced in 1966. At the center of the coin is the issue’s 1-cent denomination, and the Perth Mint’s “P” mint mark is inscribed at the bottom near the rim.

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The reverse of the replica 2-cent coin bears an image of a frilled neck lizard that first appeared on the original circulating issue in 1966. A “2” indicating the coin’s 2-cent denomination is placed at the center of the design, while the Perth Mint’s “P” mint mark is placed at the bottom near the rim.

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The obverse of each coin features Ian Rank Broadley’s portrait of Queen Elizabeth II, with the inscriptions ELIZABETH II, AUSTRALIA, 1 DOLLAR, 1 oz. 999 SILVER, and 2016 included along the rim. The coins, designed by Dr. Stuart Devlin, measure 40.60 mm. in diameter and are 4 mm. thick.

The coins come in a display case that also includes a certificate of authenticity and a black pouch containing Australia’s original 1-cent and 2-cent issues. For more information on the 50th Anniversary of Australian Decimal Currency 2016 1 oz Silver Proof Two-Coin Set, please visit the Web site of the Perth Mint. You can also watch a brief promotional video for the set below.


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