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Australia Centenary of Banknotes Ten Shilling

2013  Twenty Cent reverse 2013  Twenty Cent obverse

2013 Twenty Cent

Mintage:10,952
Reverse Designer:RAM Design Obverse Designer:Ian Rank-Broadley Size:28mm Weight:11.31g Edge:Reeded Composition:75% Copper
25% Nickel

Values

Sales History

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This 2013 Twenty Cent piece was issued as part of the three coin set celebrating a century since the introduction of banknotes in Australia. The reverse was designed by A. Baggio and pays homage to the design used on Australia's first ten shilling note. These early notes included iconic images from Australian industries, the image featured here is of the Goulburn Weir which was constructed across the Goulburn River near Nagambie in Northern Victoria. The obverse of the coin has the Ian Rank-Broadley effigy of HM Queen Elizabeth II with the legend "ELIZABETH II AUSTRALIA 2013".

During the late 19th century bank notes backed by gold were issued by commercial banks around Australia. (Reserve Bank of Australia, 2017) After federation an act of parliament gave the Commonwealth Treasury absolute responsibility for issuing bank notes and removed legal tender status from commercially issued notes. The first government issued banknote, a ten shilling note, was created on the first of May 1913. Over the coming years a number of denomination notes were created - including One, Five, Ten, Twenty, Fifty and One Hundred Pound notes. Banknotes of the Australian Pound continued to be issued until the introduction of Decimal Currency in 1967.

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