N° 1231 | Australia 1 Dollar 1991

1231 - Australia 1 Dollar 1991
1231 - Australia 1 Dollar 1991

Description

KM# 84a, N# 147692; Silver 11.50 g., Proof; Elizabeth II; 25 Years Decimal Currency - Masterpieces in Silver; Mintage: 25000 pcs

GPT Description

The Australia 1 Dollar 1991 coin is a beautiful piece that commemorates the 25th anniversary of the country's switch to decimal currency. Minted in silver with a weight of 11.50 grams, this proof coin features a portrait of Queen Elizabeth II on the obverse. The design celebrates the Masterpieces in Silver series and has a mintage of 25,000 pieces. In 1966, Australia transitioned from the pound sterling to the Australian dollar as its official currency. This change was part of a broader shift towards decimalization, simplifying Australia's monetary system and aligning it with international standards. The introduction of decimal currency marked a significant milestone in Australia's economic history, paving the way for a modern and efficient monetary system. The Australia 1 Dollar 1991 coin serves as a reminder of this important moment in Australia's currency evolution and is a valuable collector's item for those interested in numismatics and Australian history.
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