Currency Determination No. 7 of 1995

Administered by Department of the Treasury

Legislation au F2008B00112 In force Legislative Instrument

Select Document

Commonwealth of Australia

Currency Act 1965

Currency Determination No. 7 of 1995

I, 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 27 December 1995.

Parliamentary Secretary to the Treasurer

Citation

1. This Determination may be cited as Currency Determination No. 7 of 1995.

[NOTE: This Determination commences on gazettal: see Acts Interpretation Act 1901, s.46A and s. 48.]

Application of the Determination

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

Specifications and design of a $1 silver coin

3. (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.

95M311, 14/12/95. 4:23 PM 95139038

Federal Register of Legislative Instruments F2008B00112

(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:

(i) "ELIZABETH II"; and

(ii) "AUSTRALIA"; and

(iii) “I 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 and young in the hollow of a tree; and

(b) the inscriptions:

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

(ii) "1996" or "1997";

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

Specifications and design of a $1 silver 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:

(i) "ELIZABETH II"; and

(ii) "AUSTRALIA"; and

(iii) "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 in flight; and

(b) a smaller encircled:

(i) representation of a sailing ship; and

(ii) inscriptions:

(A) "TRICENTENNIAL"; and

(B) "SWAN RIVER"; and

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

(ii) "1996";

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

Specifications and design of $1 silver coins

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

(2) The shape of each coin is circular.

(3) The edge of each coin is milled.

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

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

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

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

(8) The obverse of each coin bears:

(a) an effigy of the Queen; and

(b) the inscriptions:

(i) "ELIZABETH II"; and

(ii) "AUSTRALIA"; and

(iii) "1 DOLLAR";

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

(9) The reverse of each coin bears:

(a) a representation of a kookaburra in flight; and

(b) a smaller encircled:

(i) representation of a structure specified in the table set out in the Schedule; and

(ii) inscription specified in that table in relation to the structure; and

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

(ii) "1996";

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

Specifications and design of a $2 silver 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 0.500 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:

(i) "ELIZABETH II"; and

(ii) "AUSTRALIA"; and

(iii) "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 and young in the hollow of a tree; and

(b) the inscriptions:

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

(ii) "1996" or "1997";

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

Specifications and design of a $2 silver coin

7. (1) This clause sets out the specifications and design of a coin of the denomination of $2 the standard composition of which (except for the cameo referred to in paragraph (9) (a)) 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 0.500 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:

(i) "ELIZABETH II"; and

(ii) "AUSTRALIA"; and

(iii) "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 in flight; and

(b) a smaller encircled representation, in gold cameo, of the American eagle with a wreath (based on the United States "Liberty Cap" $5 coin); and

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

(ii) "1995";

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

Specifications and design of a $2 silver 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 0.500 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:

(i) "ELIZABETH II"; and

(ii) "AUSTRALIA"; and

(iii) "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 in flight; and

(b) a smaller encircled representation of the coat of arms of The Hague; and

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

(ii) "1996";

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

Specifications and design of a $2 silver coin

9. (1) This clause sets out the specifications and design of a coin of the denomination of $2 the standard composition of which (except for the cameo referred to in paragraph (9) (a)) 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 0.500 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:

(i) "ELIZABETH II"; and

(ii) "AUSTRALIA"; and

(iii) "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 and young in the hollow of a tree; and

(b) a smaller representation, in gold cameo, of the reverse of the Spade Guinea; and

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

(ii) "1996";

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

Specifications and design of a $2 silver coin

10. (1) This clause sets out the specifications and design of a coin of the denomination of $2 the standard composition of which (except for the cameo referred to in paragraph (9) (a)) 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 0.500 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:

(i) "ELIZABETH II"; and

(ii) "AUSTRALIA"; and

(iii) "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 and young in the hollow of a tree; and

(b) a smaller representation, in gold cameo, of the reverse of a Johanna coin; and

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

(ii) "1996";

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

Specifications and design of a $2 silver coin

11. (1) This clause sets out the specifications and design of a coin of the denomination of $2 the standard composition of which (except for the cameo referred to in paragraph (9) (a)) 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 0.500 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:

(i) "ELIZABETH II"; and

(ii) "AUSTRALIA"; and

(iii) "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 in flight; and

(b) a smaller representation, in gold cameo, of the obverse of a 1799 ducat coin; and

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

(ii) "1996";

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

Specifications and design of a $2 silver coin

12. (1) This clause sets out the specifications and design of a coin of the denomination of $2 the standard composition of which (except for the cameo referred to in paragraph (9) (a)) 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 0.500 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:

(i) "ELIZABETH II"; and

(ii) "AUSTRALIA"; and

(iii) "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 in flight; and

(b) a smaller representation, in gold cameo, of the reverse of a pagoda coin featuring a star; and

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

(ii) "1996";

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

Specifications and design of a $5 gold coin

13. (1) This clause sets out the 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:

(ii) "AUSTRALIA" ; and

(iii) "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 hopping kangaroo, superimposed on a sunburst design; and

(b) the inscriptions;

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

(ii) "1996" or "1997";

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

Specifications and design of a $5 platinum coin

14. (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:

(i) "ELIZABETH II"; and

(ii) "AUSTRALIA"; and

(iii) "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 mother koala with baby koala; and

(b) the inscriptions:

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

(ii) "1996" or "1997";

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

Specifications and design of a $10 silver coin

15. (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:

(i) "ELIZABETH II"; and

(ii) "AUSTRALIA"; and

(iii) "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 and young in the hollow of a tree; and

(b) the inscriptions:

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

(ii) "1996" or "1997";

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

Specifications and design of a $10 silver coin

16. (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:

(i) "ELIZABETH II"; and

(ii) "AUSTRALIA"; and

(iii) "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 in flight; and

(b) a smaller encircled representation, in gold cameo, of the American eagle with a wreath (based on the United States "Liberty Cap" $5 coin); and

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

(ii) "1995";

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

Specifications and design of a $15 gold coin

17. (1) This clause sets out the 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:

(i) "ELIZABETH II"; and

(ii) "AUSTRALIA"; and

(iii) "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 hopping kangaroo, superimposed on a sunburst design; and

(b) the inscriptions:

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

(ii) "1996" or "1997";

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

Specifications and design of a $15 gold coin

18. (1) This clause sets out the 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:

(i) "ELIZABETH II"; and

(ii) "AUSTRALIA"; and

(iii) "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 hopping kangaroo, superimposed on a sunburst design; and

(b) a smaller encircled representation of a prospector; and

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

(ii) "1996";

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

Specifications and design of a $15 platinum coin

19. (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:

(i) "ELIZABETH II"; and

(ii) "AUSTRALIA"; and

(iii) "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 mother koala with baby koala; and

(b) the inscriptions:

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

(ii) "1996" or "1997";

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

Specifications and design of a $25 gold coin

20. (1) This clause sets out the 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:

(i) "ELIZABETH II"; and

(ii) "AUSTRALIA"; and

(iii) "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 hopping kangaroo, superimposed on a sunburst design; and

(b) the inscriptions:

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

(ii) "1996" or "1997";

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

Specifications and design of a $25 gold coin

21. (1) This clause sets out the 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:

(i) "ELIZABETH II"; and

(ii) "AUSTRALIA"; and

(iii) "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 hopping kangaroo, superimposed on a sunburst design; and

(b) a smaller encircled representation of a prospector; and

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

(ii) "1996";

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

Specifications and design of a $25 platinum coin

22. (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 1.90 millimetres.

(8) The obverse of the coin bears:

(a) an effigy of the Queen; and

(b) the inscriptions:

(i) "ELIZABETH II"; and

(ii) "AUSTRALIA"; and

(iii) "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 mother koala with baby koala; and

(b) the inscriptions:

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

(ii) "1996" or "1997";

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

Specifications and design of a $30 silver coin

23. (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:

(i) "ELIZABETH II"; and

(ii) "AUSTRALIA"; and

(iii) "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 and young in the hollow of a tree; and

(b) the inscriptions:

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

(ii) "1996" or "1997";

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

Specifications and design of a $40 palladium coin

24. (1) This clause sets out the specifications and design of a coin of the denomination of $40 the standard composition of which includes not less than 99.95% palladium.

(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 0.066 grams from the standard weight is allowed.

(6) The diameter of the coin is 36.10 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:

(i) "ELIZABETH II"; and

(ii) "AUSTRALIA"; and

(iii) "40 DOLLARS";

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

(9) The reverse of the coin bears:

(a) a representation of an emu in a patch of grass with 2 chicks; and

(b) the inscriptions:

(i) "THE AUSTRALIAN EMU 1 OZ. 9995 PALLADIUM"; and

(ii) "LP"; and

(iii) "1996" or "1997";

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

Specifications and design of a $50 gold coin

25. (1) This clause sets out the 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:

(i) "ELIZABETH II"; and

(ii) "AUSTRALIA"; and

(iii) "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 hopping kangaroo, superimposed on a sunburst design; and

(b) the inscriptions:

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

(ii) "1996" or "1997";

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

Specifications and design of a $50 gold coin

26. (1) This clause sets out the 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:

(i) "ELIZABETH II"; and

(ii) "AUSTRALIA"; and

(iii) "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 hopping kangaroo, superimposed on a sunburst design; and

(b) a smaller encircled representation of a prospector; and

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

(ii) "1996";

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

Specifications and design of a $50 gold coin

27. (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:

(i) "ELIZABETH II"; and

(ii) "AUSTRALIA"; and

(iii) "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 hopping kangaroo, superimposed on a sunburst design; and

(b) a representation of the Chinese symbol of prosperity ("fok") enclosed in a border in the style of a Chinese seal; and

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

(ii) "1997";

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

Specifications and design of a $50 gold coin

28. (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:

(i) "ELIZABETH II"; and

(ii) "AUSTRALIA"; and

(iii) "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 hopping kangaroo, superimposed on a sunburst design; and

(b) a representation of the Chinese symbol of success ("luk") enclosed in a border in the style of a Chinese seal; and

(i) "THE AUSTRALIAN NUGGET OZ, 9999 GOLD"; and

(ii) "1997";

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

Specifications and design of a $50 gold coin

29. (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:

(i) "ELIZABETH II"; and

(ii) "AUSTRALIA"; and

(iii) "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 hopping kangaroo, superimposed on a sunburst design; and

(b) a representation of the Chinese symbol of longevity ("shu") enclosed in a border in the style of a Chinese seal; and

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

(ii) "1997";

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

Specifications and design of a $50 platinum coin

30. (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:

(i) "ELIZABETH II"; and

(ii) "AUSTRALIA"; and

(iii) "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 mother koala with baby koala; and

(b) the inscriptions:

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

(ii) "1996" or "1997";

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

Specifications and design of a $100 gold coin

31. (1) This clause sets out the 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:

(i) "ELIZABETH II"; and

(ii) "AUSTRALIA"; and

(iii) "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 hopping kangaroo, superimposed on a sunburst design; and

(b) the inscriptions:

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

(ii) "1996" or "1997";

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

Specifications and design of a $100 platinum coin

32. (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 99.95% 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:

(i) "ELIZABETH II"; and

(ii) "AUSTRALIA"; and

(iii) "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 mother koala with baby koala; and

(b) the inscriptions:

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

(ii) "1996" or "1997";

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

Specifications and design of a $200 gold coin

33. (1) This clause sets out the 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:

(i) "ELIZABETH II"; and

(ii) "AUSTRALIA"; and

(iii) "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 hopping kangaroo, superimposed on a sunburst design; and

(b) the inscriptions:

(i) "THE AUSTRALIAN NUGGET 2 OZ. 9999 GOLD"; and

(ii) "1996";

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

Specifications and design of a $200 platinum coin

34. (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:

(i) "ELIZABETH II"; and

(ii) "AUSTRALIA"; and

(iii) "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 mother koala with baby koala; and

(b) the inscriptions:

(i) "THE AUSTRALIAN KOALA 2 OZ. 9995 PLATINUM"; and

(ii) "1996";

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

SCHEDULE Subclause 5 (9)

TABLE OF STRUCTURES AND INSCRIPTIONS

Structure	Inscription
Brandenburg Gate	GERMANY
Eiffel Tower	FRANCE
Tower Bridge	GREAT BRITAIN
Colossus of Rhodes	GREECE
Atomium	BELGIUM

Overview

The Currency Act 1965 was enacted to provide for the issue and circulation of Australian currency and to define the legal status of coins and notes issued under the Act. This Act addressed the need for a comprehensive legal framework to govern the issuance, design, and circulation of Australian currency, replacing previous currency acts and ensuring that the country's monetary system was modernised and effectively regulated. The Currency Act 1965 was passed by the Parliament of Australia, reflecting the legislative authority vested in the federal legislature to manage national currency. The policy objective of the Act was to establish a stable and reliable currency system that supports economic transactions and maintains public confidence in the nation's monetary system.

Scope and Application

The Currency Determination No. 7 of 1995 under the Currency Act 1965, made by the Parliamentary Secretary to the Treasurer, outlines the specifications and design of various commemorative coins. This Determination applies to the coins minted by the Royal Australian Mint and sets the standards for their physical attributes and design elements. The coins covered include those denominated at $1, $2, $5, $10, $15, $25, $30, $40, $50, $100, and $200, made of various metals such as silver, gold, platinum, and palladium. Each coin's specifications include its shape, weight, diameter, thickness, and the inscriptions and images on both the obverse and reverse sides. The coins bear an effigy of the Queen and inscriptions such as the monarch's name, "AUSTRALIA", and the coin's denomination, all encircled by raised beads. The reverse sides feature various representations, such as kookaburras, kangaroos, koalas, and historical structures, along with relevant inscriptions. The coins also include cameo representations and inscriptions celebrating Australian themes. The Determination does not affect other coin specifications or designs and comes into effect upon gazettal.

Key Provisions

This legislative instrument, titled "Currency Determination No. 7 of 1995," sets out the specifications and designs for various silver, gold, platinum, and palladium coins issued under the Currency Act 1965. The determination details the physical characteristics and designs of coins with denominations ranging from $1 to $200. For example, clause 3 specifies that a $1 silver coin must be circular, with a milled edge, a diameter of 40.60 millimetres, a thickness of 4.00 millimetres, and a standard weight of 31.635 grams, with a permissible variation of 0.500 grams. The coin's obverse must bear an effigy of the Queen and inscriptions including "ELIZABETH II," "AUSTRALIA," and "1 DOLLAR." The reverse of the coin must feature a representation of a kookaburra and young in the hollow of a tree, with inscriptions such as "THE AUSTRALIAN KOOKABURRA 1 OZ. 999 SILVER" and the year "1996" or "1997." Similar detailed specifications are provided for other coins with different denominations and compositions. The Act imposes obligations on the entities responsible for minting these coins, ensuring that each coin meets the prescribed specifications and designs. For instance, the coins must be made of the specified precious metal composition and adhere to the outlined dimensions, weights, and inscriptions. The coins' designs must also be approved and comply with the imagery and inscriptions set out in the determination. Any breaches of these specifications or designs may have legal consequences. Although the determination does not explicitly state penalties for non-compliance, breaches of the Currency Act 1965 generally attract penalties. Under section 137 of the Currency Act, any person who contravenes the Act, including this determination, is liable to a penalty not exceeding 50 penalty units (currently AUD 5,300). In more serious cases, the offender may also face imprisonment. These penalties underscore the importance of adhering to the coin specifications and designs outlined in the determination.

Area of Law: Currency Law
Instrument: Statutory Instrument
Concepts: Definitions & Interpretation; Regulatory Standards; Reporting & Disclosure Obligations

Interactions

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.

Legislation content

Overview

Scope and Application

Key Provisions

Legal classification tags

Interactions

Authorises

All Versions