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Can Someone Explain The Units In Aussie Coins?

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Pillar of the Community
United Kingdom
1864 Posts
 Posted 10/02/2013  7:55 pm  Show Profile   Bookmark this reply Add Pertinax to your friends list Get a Link to this Reply
In the 1950s and 60s in Britain, 5 shillings (25p) was a dollar, and 2s 6d (12 1/2p) was 'half a dollar).

I can remember going to the market, the stall-holders' common cries were 'only 'alf a dollar'.

The exchange rate of 4 dollars to the pound sterling went all the way back to 1804 when the Bank of England counterstamped Spanish or Spanish-American coins of 8 reales (dollars) as 5 shilling coins.

I think in South Africa and Southern Rhodesia, a 'ticky' was the name for 3 pence.
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Valued Member
United States
108 Posts
 Posted 09/07/2015  1:15 pm  Show Profile   Bookmark this reply Add MoeTate to your friends list Get a Link to this Reply
Easy to remember: old (LSD) was 240 pence/pound, decimal is 200 new pence. Shilling becomes 10c, florin is 20c, etc.
Valued Member
Australia
93 Posts
 Posted 07/11/2017  12:14 am  Show Profile   Bookmark this reply Add UberDan to your friends list Get a Link to this Reply

Quote:
I bet Australian fifth-graders knew all these terms, too

ACTUALLY... this is now apart of the new grade four curriculum .
Valued Member
United States
187 Posts
 Posted 12/01/2017  9:46 pm  Show Profile   Bookmark this reply Add Carrigna to your friends list Get a Link to this Reply
I believe Australian 1 was "devalued" in the late 1920s in order to export cheaply to the UK by one of the treasurers or was it a PM? Prior to this, Australian was on par with sterling because of it being a British colony then still linked to the UK due to the economic ties.

Up to 1966, British pound is worth Australian 1/5/0. Australian dollar was linked to the US dollar for a short time after Australia left sterling area. That means the Australian dollar was linked to sterling for some time prior to the UK's devaluation on their sterling.

That is from my memory.

My dad used to tell me that 2/6 was half a dollar when he was a lad in Belfast. Usually people would say 2 and 6 or very rarely half crown.

I always wanted to know why 2/6 coins were not minted in Australia. Is there any particular reason?
Edited by Carrigna
12/01/2017 9:49 pm
Pillar of the Community
Australia
867 Posts
 Posted 10/20/2020  12:59 am  Show Profile   Check ryurazu's eBay Listings Bookmark this reply Add ryurazu to your friends list Get a Link to this Reply

Quote:
I always wanted to know why 2/6 coins were not minted in Australia. Is there any particular reason?


My guess is that cause of the non-usage of the crown coins, 1937 crowns for the public, however that just an assumption I'm making. Still curiously across the ditch in New Zealand they did produce half crowns.
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United States
92192 Posts
 Posted 10/20/2020  09:40 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
Thanks for the bump, ryurazu, a nice terminology refresher.
Pillar of the Community
Canada
3815 Posts
 Posted 10/20/2020  10:40 am  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
I find it funny that in the 50s and 60s, 2/6 was call "half a dollar". In the late 1940s the UK pound was devalued so that 2/6 was closer to 30 cents.
Formerly nancyc
Australia
5191 Posts
 Posted 10/20/2020  7:34 pm  Show Profile   Bookmark this reply Add Nevol to your friends list Get a Link to this Reply
There is a mixture of GB, NZ and Australian coin info in this thread.

GB stuff doesn't really belong here, they have a separate section.
life is a mystery to be lived not a problem to be solved
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