Author Topic: Will 5 and 10 cents meet their demise soon  (Read 181 times)

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Offline redlock

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Re: Will 5 and 10 cents meet their demise soon
« Reply #1 on: January 31, 2020, 07:57:07 PM »
Like New Zealand the 5c will likely go soon. However, I cannot see that the 10c will follow in spite of the comment.

What the Australian government and the RAM should do -- well should have done years ago -- is issue a totally new series with smaller and lighter coins of 10c, 20c and 50c. However, I suspect there is no will within the government and RAM to do it.

Offline Pabitra

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Re: Will 5 and 10 cents meet their demise soon
« Reply #2 on: February 01, 2020, 03:44:39 AM »
5 cent may go away soon and 10 cents with in 10 years.
10 years is a long period.
It is less than period difference of disappearance of 1 Cent and 2 cents.

Yes, the redesign is long due.
New series may come whenever new king effigy becomes due.
The new effigy last year was a option which got missed.

50 cent redesign is long due and has been under consideration for some time.

The 50 subunit of currency was for long the highest denomination in coins with main unit being a note.
This was used to mint the largest diameter coin in English speaking world.
UK reduced the size many years ago but Australia, Canada and USA still stick to old big size.
In all these countries, this is most unpopular coin, if you go by mintage data.
« Last Edit: February 01, 2020, 04:15:56 AM by Pabitra »