Currency Determination No. 1 of 1994

Administered by Department of the Treasury

Legislation au F2008B00102 In force Legislative Instrument

Legislation content

Commonwealth of Australia

Currency Act 1965

Currency Determination No. 1 of 1994

I, ROBERT PAUL ELLIOTT, Parliamentary Secretary to the Treasurer, acting for the Treasurer, make the following Determination under subsection 13A (1) of the Currency Act 1965.

Dated 9 march 1994.

Parliamentary Secretary to the Treasurer

Citation

1. This Determination may be cited as Currency Determination No. 1 of 1994.

Commencement

2. This Determination commences on 16 March 1994.

Application

3. This Determination does not affect any other determination of the specifications or design of a coin.

Federal Register of Legislative Instruments F2008B00102

Specifications and design of a $1 coin

4. (1) This clause sets out the specifications and design of a coin of the denomination of $1 the standard composition of which includes not less than 99.9% silver.

(2)        The shape of the coin is circular,

(3)        The edge of the coin is milled.

(4)        The standard weight of the coin is 31.635 grams.

(5)        A variation of 0.500 grams from the standard weight is allowed.

(6)        The diameter of the coin is 40.60 millimetres.

(7)        The thickness of the coin is 4.00 millimetres.

(8)        The obverse of the coin bears:

(a)         an effigy of the Queen; and

(b)         the inscriptions “ELIZABETH II”, “AUSTRALIA”, and “1 DOLLAR”;

all encircled by raised beads inside the rim of the coin.

(9) The reverse of the coin bears:

(a)         a representation of a kookaburra perched on a branch of a tree; and

(b)        the inscriptions:

(i) “THE AUSTRALIAN KOOKABURRA 1 OZ. 999 SILVER”; and

(ii) “1994” or “1995”;

all encircled by raised beads inside the rim of the coin.

Specifications and design of a $2 coin

5. (1) This clause sets out the specifications and design of a coin of the denomination of $2 the standard composition of which includes not less than 99.9% silver.

(2)        The shape of the coin is circular.

(3)        The edge of the coin is milled.

(4)        The standard weight of the coin is 62.770 grams.

(5)        A variation of 0.5 grams from the standard weight is allowed.

(6)        The diameter of the coin is 50.30 millimetres.

(7)        The thickness of the coin is 4.50 millimetres.

(8)        The obverse of the coin bears:

(a)         an effigy of the Queen; and

(b)        the inscriptions “ELIZABETH II”, “AUSTRALIA”, and “2 DOLLARS”;

all encircled by raised beads inside the rim of the coin.

(9) The reverse of the coin bears:

(a)         a representation of a kookaburra perched on a branch of a tree; and

(b)        the inscriptions:

(i) “THE AUSTRALIAN KOOKABURRA 2 OZ. 999 SILVER”; and

(ii) “1994” or “1995”;

all encircled by raised beads inside the rim of the coin.

Specifications and design of a $2 coin

6. (1) This clause sets out the specifications and design of a coin of the denomination of $2 the standard composition of which includes not less than 99.9% silver.

(2)        The shape of the coin is circular.

(3)        The edge of the coin is milled.

(4)        The standard weight of the coin is 62.770 grams.

(5)        A variation of 0.5 grams from the standard weight is allowed.

(6)        The diameter of the coin is 50.30 millimetres.

(7)        The thickness of the coin is 4.50 millimetres.

(8) The obverse of the coin bears:

(a)         an effigy of the Queen; and

(b)         the inscriptions “ELIZABETH II”, “AUSTRALIA”, and “2 DOLLARS”;

all encircled by raised beads inside the rim of the coin.

(9) The reverse of the coin bears:

(a)         a representation of a kookaburra perched on a branch of a tree; and

(b)        a representation of the obverse of a coin bearing an effigy of King Edward VII; and

(c)         the inscriptions:

(i) “THE AUSTRALIAN KOOKABURRA 2 OZ. 999 SILVER”; and

(ii) “1994” or “1995”;

all encircled by raised beads inside the rim of the coin.

Specifications and design of a $2 coin

7. (1) This clause sets out the specifications and design of a coin of the denomination of $2 the standard composition of which includes not less than 99.9% silver.

(2)        The shape of the coin is circular.

(3)        The edge of the coin is milled.

(4)        The standard weight of the coin is 62.770 grams.

(5)        A variation of 0.5 grams from the standard weight is allowed.

(6)        The diameter of the coin is 50.30 millimetres.

(7)        The thickness of the coin is 4.50 millimetres.

(8)        The obverse of the coin bears:

(a)         an effigy of the Queen; and

(b)        the inscriptions “ELIZABETH II”, “AUSTRALIA”, and “2 DOLLARS”;

all encircled by raised beads inside the rim of the coin.

(9) The reverse of the coin bears:

(a)         a representation of a kookaburra perched on a branch of a tree; and

(b)         a representation of the obverse of a coin bearing an effigy of King George V; and

(c)         the inscriptions:

(i) “THE AUSTRALIAN KOOKABURRA 2 OZ. 999 SILVER”; and

(ii) “1994” or “1995”;

all encircled by raised beads inside the rim of the coin.

Specifications and design of a $2 coin

8. (1) This clause sets out the specifications and design of a coin of the denomination of $2 the standard composition of which includes not less than 99.9% silver.

(2)         The shape of the coin is circular.

(3)         The edge of the coin is milled.

(4)         The standard weight of the coin is 62.770 grams.

(5)         A variation of 0.5 grams from the standard weight is allowed.

(6)         The diameter of the coin is 50.30 millimetres.

(7)         The thickness of the coin is 4.50 millimetres.

(8)         The obverse of the coin bears:

(a)         an effigy of the Queen; and

(b)         the inscriptions “ELIZABETH II”, “AUSTRALIA”, and “2 DOLLARS”;

all encircled by raised beads inside the rim of the coin.

(9) The reverse of the coin bears:

(a)         a representation of 2 kookaburras perched on a branch of a tree; and

(b)         a representation of the obverse of a coin bearing an effigy of Queen Victoria; and

(c)         the inscriptions:

(i) “THE AUSTRALIAN KOOKABURRA 2 OZ. 999 SILVER”; and

(ii) “1994” or “1995”;

all encircled by raised beads inside the rim of the coin.

Specifications and design of a $2 coin

9. (1) This clause sets out the specifications and design of a coin of the denomination of $2 the standard composition of which includes not less than 99.9% silver.

(2)        The shape of the coin is circular.

(3)        The edge of the coin is milled,

(4)        The standard weight of the coin is 62.770 grams.

(5)        A variation of 0.5 grams from the standard weight is allowed.

(6)        The diameter of the coin is 50.30 millimetres.

(7)        The thickness of the coin is 4.50 millimetres.

(8)        The obverse of the coin bears:

(a)         an effigy of the Queen; and

(b)        the inscriptions “ELIZABETH II”, “AUSTRALIA”, and “2 DOLLARS”;

all encircled by raised beads inside the rim of the coin.

(9) The reverse of the coin bears:

(a)        a representation of 2 kookaburras perched on a branch of a tree; and

(b)        a representation of the obverse of a coin bearing an effigy of King George V; and

(c)        the inscriptions:

(i) “THE AUSTRALIAN KOOKABURRA 2 OZ. 999 SILVER”; and

(ii) “1994” or “1995”;

all encircled by raised beads inside the rim of the coin.

Specifications and design of a $5 coin

10. (1) This clause sets out the specifications and design of a coin of the denomination of $5 the standard composition of which includes not less than 99.99 % gold.

(2)        The shape of the coin is circular.

(3)        The edge of the coin is milled.

(4)        The standard weight of the coin is 1.571 grams.

(5)        A variation of 0.015 grams from the standard weight is allowed.

(6)        The diameter of the coin is 14.10 millimetres.

(7)        The thickness of the coin is 1.40 millimetres.

(8)        The obverse of the coin bears:

(a)         an effigy of the Queen; and

(b)        the inscriptions “ELIZABETH II”, “AUSTRALIA”, and “5 DOLLARS”;

all encircled by raised beads inside the rim of the coin.

(9) The reverse of the coin bears:

(a)         a representation of a kangaroo superimposed on a sunburst design; and

(b)         the inscriptions:

(i) “THE AUSTRALIAN NUGGET OZ. 9999 GOLD”; and

(ii) “1994” or “1995”;

all encircled by raised beads inside the rim of the coin.

Specifications and design of a $5 coin

11. (1) This clause sets out the specifications and design of a coin of the denomination of $5 the standard composition of which includes not less than 99.95 % platinum.

(2) The shape of the coin is circular.

(3)        The edge of the coin is milled.

(4)        The standard weight of the coin is 1.571 grams.

(5)        A variation of 0.015 grams from the standard weight is allowed.

(6)        The diameter of the coin is 14.10 millimetres.

(7)        The thickness of the coin is 1.40 millimetres.

(8)        The obverse of the coin bears:

(a)         an effigy of the Queen; and

(b)        the inscriptions “ELIZABETH II”, “AUSTRALIA”, and “5 DOLLARS”;

all encircled by raised beads inside the rim of the coin.

(9) The reverse of the coin bears:

(a)         a representation of a koala sitting in the fork of a tree; and

(b)        the inscriptions:

(i) “THE AUSTRALIAN KOALA OZ. 9995 PLATINUM”; and

(ii) “1994” or “1995”;

all encircled by raised beads inside the rim of the coin.

Specifications and design of a $10 coin

12. (1) This clause sets out the specifications and design of a coin of the denomination of $10 the standard composition of which includes not less than 99.9% silver.

(2)        The shape of the coin is circular.

(3)        The edge of the coin is milled.

(4)        The standard weight of the coin is 312.347 grams.

(5)        A variation of 1.00 grams from the standard weight is allowed.

(6)        The diameter of the coin is 75.50 millimetres.

(7)         The thickness of the coin is 8.70 millimetres.

(8)         The obverse of the coin bears:

(a)         an effigy of the Queen; and

(b)         the inscriptions “ELIZABETH II”, “AUSTRALIA”, and “10 DOLLARS”;

all encircled by raised beads inside the rim of the coin.

(9) The reverse of the coin bears;

(a)         a representation of a kookaburra perched on a branch of a tree; and

(b)         the inscriptions:

(i) “THE AUSTRALIAN KOOKABURRA 10 OZ. 999 SILVER”; and

(ii) “1994” or “1995”;

all encircled by raised beads inside the rim of the coin.

Specifications and design of a $15 coin

13. (1) This clause sets out the specifications and design of a coin of the denomination of $15 the standard composition of which includes not less than 99.99 % gold.

(2)         The shape of the coin is circular.

(3)         The edge of the coin is milled.

(4)         The standard weight of the coin is 3.133 grams.

(5)         A variation of 0.022 grams from the standard weight is allowed.

(6)         The diameter of the coin is 16.10 millimetres.

(7)         The thickness of the coin is 1.50 millimetres.

(8)         The obverse of the coin bears:

(a)         an effigy of the Queen; and

(b)         the inscriptions “ELIZABETH II”, “AUSTRALIA”, and “15 DOLLARS”;

all encircled by raised beads inside the rim of the coin.

(9) The reverse of the coin bears:

(a) a representation of a kangaroo superimposed on a sunburst design; and

(b) the inscriptions:

(i) “THE AUSTRALIAN NUGGET OZ. 9999 GOLD”; and

(ii) “1994” or “1995”;

all encircled by raised beads inside the rim of the coin.

Specifications and design of a $15 coin

14. (1) This clause sets out the specifications and design of a coin of the denomination of $15 the standard composition of which includes not less than 99.95 % platinum.

(2) The shape of the coin is circular.

(3)        The edge of the coin is milled.

(4)        The standard weight of the coin is 3.137 grams.

(5) A variation of 0.025 grams from the standard weight is allowed.

(6)        The diameter of the coin is 16.10 millimetres.

(7)        The thickness of the coin is 1.32 millimetres.

(8)        The obverse of the coin bears:

(a) an effigy of the Queen; and

(b) the inscriptions “ELIZABETH II”, “AUSTRALIA”, and “15 DOLLARS”;

all encircled by raised beads inside the rim of the coin.

(9) The reverse of the coin bears:

(a) a representation of a koala sitting in the fork of a tree; and

(b) the inscriptions:

(i) “THE AUSTRALIAN KOALA OZ. 9995 PLATINUM”; and

(ii) “1994” or “1995”;

all encircled by raised beads inside the rim of the coin.

Specifications and design of a $25 coin

15. (1) This clause sets out the specifications and design of a coin of the denomination of $25 the standard composition of which includes not less than 99.99 % gold.

(2)        The shape of the coin is circular.

(3)        The edge of the coin is milled.

(4)        The standard weight of the coin is 7.807 grams.

(5)        A variation of 0.030 grams from the standard weight is allowed.

(6)        The diameter of the coin is 20.10 millimetres.

(7)        The thickness of the coin is 2.00 millimetres.

(8)        The obverse of the coin bears:

(a)         an effigy of the Queen; and

(b)         the inscriptions “ELIZABETH II”, “AUSTRALIA”, and “25 DOLLARS”;

all encircled by raised beads inside the rim of the coin.

(9) The reverse of the coin bears:

(a)         a representation of a kangaroo superimposed on a sunburst design; and

(b)         the inscriptions:

(i) “THE AUSTRALIAN NUGGET OZ. 9999 GOLD”; and

(ii) “1994” or “1995”;

all encircled by raised beads inside the rim of the coin.

Specifications and design of a $25 coin

16. (1) This clause sets out the specifications and design of a coin of the denomination of $25 the standard composition of which includes not less than 99.95 % platinum.

(2)        The shape of the coin is circular.

(3)        The edge of the coin is milled.

(4)        The standard weight of the coin is 7.815 grams.

(5)        A variation of 0.035 grams from the standard weight is allowed.

(6)        The diameter of the coin is 20.10 millimetres.

(7)        The thickness of the coin is 1.9G millimetres.

(8)        The obverse of the coin bears:

(a)        an effigy of the Queen; and

(b)        the inscriptions “ELIZABETH II”, “AUSTRALIA”, and “25 DOLLARS”;

all encircled by raised beads inside the rim of the coin.

(9) The reverse of the coin bears:

(a)        a representation of a koala sitting in the fork of a tree; and

(b)        the inscriptions:

(i) “THE AUSTRALIAN KOALA OZ. 9995 PLATINUM”; and

(ii) “1994” or “1995;

all encircled by raised beads inside the rim of the coin.

Specifications and design of a $30 coin

17. (1) This clause sets out the specifications and design of a coin of the denomination of $30 the standard composition of which includes not less than 99.9% silver.

(2) The shape of the coin is circular.

(3)        The edge of the coin is milled.

(4)        The standard weight of the coin is 1002.502 grams.

(5)        A variation of 1.50 grams from the standard weight is allowed.

(6)        The diameter of the coin is 101.00 millimetres.

(7)        The thickness of the coin is 14.60 millimetres.

(8)        The obverse of the coin bears:

(a)         an effigy of the Queen; and

(b)        the inscriptions “ELIZABETH II”, “AUSTRALIA”, and “30 DOLLARS”;

all encircled by raised beads inside the rim of the coin.

(9) The reverse of the coin bears:

(a)         a representation of a kookaburra perched on a branch of a tree; and

(b)        the inscriptions:

(i) “THE AUSTRALIAN KOOKABURRA 1 KILO 999 SILVER”; and

(ii) “1994” or “1995;

all encircled by raised beads inside the rim of the coin.

Specifications and design of a $50 coin

18. (1) This clause sets out the specifications and design of a coin of the denomination of $50 the standard composition of which includes not less than 99.99 % gold.

(2)        The shape of the coin is circular.

(3)        The edge of the coin is milled.

(4)        The standard weight of the coin is 15.594 grams.

(5)        A variation of 0.040 grams from the standard weight is allowed.

(6)        The diameter of the coin is 25.10 millimetres.

(7)        The thickness of the coin is 2.40 millimetres.

(8)        The obverse of the coin bears:

(a)         an effigy of the Queen; and

(b)         the inscriptions “ELIZABETH II”, “AUSTRALIA”, and “50 DOLLARS”;

all encircled by raised beads inside the rim of the coin.

(9) The reverse of the coin bears:

(a)         a representation of a kangaroo superimposed on a sunburst design; and

(b)         the inscriptions:

(i) “THE AUSTRALIAN NUGGET OZ. 9999 GOLD”; and

(ii) “1994” or “1995;

all encircled by raised beads inside the rim of the coin.

Specifications and design of a $50 coin

19. (1) This clause sets out the specifications and design of a coin of the denomination of $50 the standard composition of which includes not less than 99.95 % platinum.

(2)        The shape of the coin is circular.

(3)        The edge of the coin is milled.

(4)        The standard weight of the coin is 15.605 grams.

(5)        A variation of 0.045 grams from the standard weight is allowed.

(6)        The diameter of the coin is 25.10 millimetres.

(7)        The thickness of the coin is 2.30 millimetres.

(8)        The obverse of the coin bears:

(a)         an effigy of the Queen; and

(b)         the inscriptions “ELIZABETH II”, “AUSTRALIA”, and “50 DOLLARS”;

all encircled by raised beads inside the rim of the coin.

(9) The reverse of the coin bears:

(a)         a representation of a koala sitting in the fork of a tree; and

(b)         the inscriptions:

(i) “THE AUSTRALIAN KOALA OZ. 9995 PLATINUM”; and

(ii) “1994” or “1995”;

all encircled by raised beads inside the rim of the coin.

Specifications and design of a $100 coin

20. (1) This clause sets out the specifications and design of a coin of the denomination of $100 the standard composition of which includes not less than 99.99 % gold.

(2)        The shape of the coin is circular.

(3)        The edge of the coin is milled.

(4)        The standard weight of the coin is 31.162 grams.

(5)        A variation of 0.055 grams from the standard weight is allowed.

(6)        The diameter of the coin is 32.10 millimetres.

(7)        The thickness of the coin is 2.80 millimetres.

(8)        The obverse of the coin bears:

(a)         an effigy of the Queen; and

(b)         the inscriptions “ELIZABETH II”, “AUSTRALIA” and “100 DOLLARS”;

all encircled by raised beads inside the rim of the coin.

(9) The reverse of the coin bears:

(a)          a representation of a kangaroo superimposed on a sunburst design; and

(b)         the inscriptions:

(i) “THE AUSTRALIAN NUGGET 1 OZ. 9999 GOLD”; and

(ii) “1994” or “1995”;

all encircled by raised beads inside the rim of the coin.

Specifications and design of a $100 coin

21. (1) This clause sets out the specifications and design of a coin of the denomination of S100 the standard composition of which includes not less than 99.95 % platinum.

(2)        The shape of the coin is circular.

(3)        The edge of the coin is milled.

(4)        The standard weight of the coin is 31.185 grams.

(5)        A variation of 0.065 grams from the standard weight is allowed.

(6)        The diameter of the coin is 32.10 millimetres.

(7)        The thickness of the coin is 2.70 millimetres.

(8)        The obverse of the coin bears:

(a)         an effigy of the Queen; and

(b)        the inscriptions “ELIZABETH II”, “AUSTRALIA”, and “100 DOLLARS”;

all encircled by raised beads inside the rim of the coin.

(9) The reverse of the coin bears:

(a)         a representation of a koala sitting in the fork of a tree; and

(b)        the inscriptions:

(i) “THE AUSTRALIAN KOALA 1 OZ. 9995 PLATINUM”; and

(ii) “1994” or “1995”;

all encircled by raised beads inside the rim of the coin.

Specifications and design of a $200 coin

22. (1) This clause sets out the specifications and design of a coin of the denomination of $200 the standard composition of which includes not less than 99.99 % gold.

(2)        The shape of the coin is circular.

(3)        The edge of the coin is milled.

(4)        The standard weight of the coin is 62.265 grams.

(5)        A variation of 0.05 grams from the standard weight is allowed.

(6)        The diameter of the coin is 40.60 millimetres.

(7)        The thickness of the coin is 4.00 millimetres.

(8)        The obverse of the coin bears:

(a)         an effigy of the Queen; and

(b)        the inscriptions “ELIZABETH II”, “AUSTRALIA”, and “200 DOLLARS”;

all encircled by raised beads inside the rim of the coin.

(9) The reverse of the coin bears:

(a)         a representation of a kangaroo superimposed on a sunburst design; and

(b)        the inscriptions “THE AUSTRALIAN NUGGET 2 OZ. 9999 GOLD” and “1994”;

all encircled by raised beads inside the rim of the coin.

Specifications and design of a $200 coin

23. (1) This clause sets out the specifications and design of a coin of the denomination of $200 the standard composition of which includes not less than 99.95 % platinum.

(2)        The shape of the coin is circular.

(3)        The edge of the coin is milled.

(4)        The standard weight of the coin is 62.313 grams.

(5)        A variation of 0.075 grams from the standard weight is allowed.

(6)        The diameter of the coin is 40.60 millimetres.

(7)        The thickness of the coin is 3.80 millimetres.

(8)        The obverse of the coin bears:

(a)         an effigy of the Queen; and

(b)         the inscriptions “ELIZABETH II”, “AUSTRALIA”, and “200 DOLLARS”;

all encircled by raised beads inside the rim of the coin.

(9) The reverse of the coin bears;

(a)         a representation of a koala sitting in the fork of a tree; and

(b)        the inscriptions “THE AUSTRALIAN KOALA 2 OZ. 9995 PLATINUM” and “1994”;

all encircled by raised beads inside the rim of the coin.

Specifications and design of a $1,000 coin”

24. (1) This clause sets out the specifications and design of a coin of the denomination of $1,000 the standard composition of which includes not less than 99.99 % gold.

(2)        The shape of the coin is circular,

(3)        The edge of the coin is milled.

(4)        The standard weight of the coin is 311.317 grams.

(5)        A variation of 0.25 grams from the standard weight is allowed.

(6)        The diameter of the coin is 60.30 millimetres.

(7)        The thickness of the coin is 7.90 millimetres.

(8)        The obverse of the coin bears:

(a)         an effigy of the Queen; and

(b)        the inscriptions “ELIZABETH II”, “AUSTRALIA”, and “1,000 DOLLARS”;

all encircled by raised beads inside the rim of the coin.

(9) The reverse of the coin bears:

(a)         a representation of a kangaroo superimposed on a sunburst design; and

(b)        the inscriptions “THE AUSTRALIAN NUGGET 10 OZ. 9999 GOLD” and “1994”;

all encircled by raised beads inside the rim of the coin.

Specifications and design of a $1,000 coin

25. (1) This clause sets out the specifications and design of a coin of the denomination of $1,000 the standard composition of which includes not less than 99.95 % platinum.

(2)        The shape of the coin is circular.

(3)        The edge of the coin is milled.

(4)        The standard weight of the coin is 311.691 grams.

(5)        A variation of 0.50 grams from the standard weight is allowed.

(6)        The diameter of the coin is 60.30 millimetres.

(7)        The thickness of the coin is 7.90 millimetres.

(8)        The obverse of the coin bears:

(a)         an effigy of the Queen; and

(b)         the inscriptions “ELIZABETH II”, “AUSTRALIA”, and “1,000 DOLLARS”;

all encircled by raised beads inside the rim of the coin.

(9) The reverse of the coin bears:

(a)         a representation of a koala sitting in the fork of a tree; and

(b)         the inscriptions “THE AUSTRALIAN KOALA 10 OZ. 9995 PLATINUM” and “1994”;

all encircled by raised beads inside the rim of the coin.

Specifications and design of a $3,000 coin

26. (1) This clause sets out the specifications and design of a coin of the denomination of $3,000 the standard composition of which includes not less than 99.99 % gold.

(2)        The shape of the coin is circular.

(3)        The edge of the coin is milled.

(4)        The standard weight of the coin is 1,000.350 grams.

(5)        A variation of 0.25 grams from the standard weight is allowed.

(6)        The diameter of the coin is 75.30 millimetres.

(7)        The thickness of the coin is 13.90 millimetres.

(8)        The obverse of the coin bears:

(a)         an effigy of the Queen; and

(b)        the inscriptions “ELIZABETH II”, “AUSTRALIA”, and “3,000 DOLLARS”;

all encircled by raised beads inside the rim of the coin.

(9) The reverse of the coin bears:

(a)         a representation of a kangaroo superimposed on a sunburst design; and

(b)        the inscriptions “THE AUSTRALIAN NUGGET 1 KILO 9999 GOLD” and “1994”;

all encircled by raised beads inside the rim of the coin.

Specifications and design of a $3,000 coin

27. (1) This clause sets out the specifications and design of a coin of the denomination of $3,000 the standard composition of which includes not less than 99.95 % platinum.

(2)        The shape of the coin is circular.

(3)        The edge of the coin is milled.

(4)        The standard weight of the coin is 1001.000 grams.

(5)        A variation of 0.50 grams from the standard weight is allowed.

(6)        The diameter of the coin is 75.30 millimetres.

(7)        The thickness of the coin is 13.90 millimetres.

(8)        The obverse of the coin bears:

(a)         an effigy of the Queen; and

(b)        the inscriptions “ELIZABETH II”. “AUSTRALIA”, and “3,000 DOLLARS”;

all encircled by raised beads inside the rim of the coin.

(9) The reverse of the coin bears;

(a)         a representation of a koala sitting in the fork of a tree; and

(b)        the inscriptions “THE AUSTRALIAN KOALA 1 KILO 9995 PLATINUM” and “1994”;

all encircled by raised beads inside the rim of the coin.

NOTE

1. Notified in the Commonwealth of Australia Gazette on 1994.

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Overview

The Commonwealth of Australia Currency Act 1965 was enacted to provide for the issuance of Australian currency and to establish the legal framework for the production and circulation of currency. This legislation was introduced to address the need for a formal legal basis for the issuance of Australian currency, ensuring that the production and circulation of money were properly regulated and authorised by the Commonwealth Government. The Currency Act 1965 empowers the Treasurer to make determinations regarding the specifications and design of coins, and it is under this authority that the Currency Determination No. 1 of 1994 was enacted. The Currency Determination No. 1 of 1994 was made by the Parliamentary Secretary to the Treasurer, acting for the Treasurer, and it sets out the specific specifications and design details for a range of silver and gold coins, including their composition, weight, diameter, thickness, and the inscriptions and images they bear. The policy objective of this determination is to ensure the consistent and recognisable design of Australian coins, reflecting national identity and heritage, while also maintaining the integrity and value of the currency.

Scope and Application

The Currency Determination No. 1 of 1994 applies to the specifications and design of certain coins issued by the Commonwealth of Australia, as governed by the Currency Act 1965. This Determination applies to coins with denominations of $1, $2, $5, $10, $15, $25, $30, $50, $100, $200, $1,000, and $3,000. The coins are to be made from standard compositions including at least 99.9% silver or 99.99% gold, and for certain coins, 99.95% platinum. Each coin's specifications such as shape, weight, diameter, thickness, and edge design, as well as the inscriptions and images to be featured on both the obverse and reverse sides, are precisely defined in the Determination. These coins are legal tender throughout Australia and their production and circulation are regulated by Commonwealth authorities. This Determination does not affect other existing specifications or designs of coins, and its application is limited to the coins and specifications explicitly detailed within its clauses.

Key Provisions

The Currency Determination No. 1 of 1994 establishes detailed specifications and designs for a series of commemorative coins ranging from $1 to $3,000 in denomination. Each coin's design and composition are meticulously outlined, including the required metal content, shape, weight, diameter, thickness, and specific inscriptions and imagery. For example, the $1 coin must be circular, weigh 31.635 grams with a permissible variation of 0.500 grams, and bear an effigy of the Queen along with inscriptions such as "ELIZABETH II" and "AUSTRALIA" on the obverse, while the reverse features a kookaburra with additional inscriptions. Similarly, the $2 coin must include not less than 99.9% silver, be circular with a milled edge, and weigh 62.770 grams with a permissible variation of 0.5 grams. The Act imposes stringent requirements on the composition and design of each coin, ensuring uniformity and adherence to the specified standards. Each coin must meet precise specifications regarding its material composition, weight, and physical dimensions, as well as the exact design elements on both the obverse and reverse sides. The mandatory inclusion of specific inscriptions and imagery further ensures that the coins maintain a consistent and recognizable design across all denominations. Violations of the specifications and design requirements outlined in the Determination may result in legal consequences. While the Determination itself does not explicitly state penalties for non-compliance, breaches of the Currency Act 1965, under which this Determination is made, can lead to criminal charges. Offences under the Currency Act can result in substantial penalties, including fines and imprisonment, depending on the severity of the breach. The exact penalties are not detailed in the Determination but are subject to the broader provisions of the Currency Act.

Legal classification tags

Area of Law
Currency Law
Instrument
Legislative Instrument
Concepts
Definitions & Interpretation
Regulatory Standards
Specifications & Design
Metal Composition

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Sourced from the Federal Register of Legislation at 26 August 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au.