2016 6 Coin Proof Year Set 50th Anniversary of Australian Decimal Currency
The first coins ‘minted’ in Australia were created by removing a piece from the centre of a Spanish dollar, forming two separate coins known as the Holey Dollar and Dump. The gold rush of the mid-19th Century resulted in many unofficial tokens and ingots until the Sydney Mint opened in 1855, producing sovereigns which were largely identical to their British counterparts. This English influence remained strong and the new national currency of 1910 inevitably emulated English pounds, shillings and pence. On 14 February 1966, the changeover to decimal currency transformed the nation, as Australia joined a worldwide currency trend. The uniquely Australian images of the decimal coins are still cherished on their 50th anniversary.