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1966 Change To Decimal Currency

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Author Previous TopicReplies: 8 / Views: 1,867Next Topic  
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enworb's Avatar
Australia
4411 Posts
 Posted 02/12/2012  12:08 am Show Profile   Bookmark this topic Add enworb to your friends list Get a Link to this Message Number of Subscribers
I was born after the 1966 changeover and have always been interested about it. Whilst I have read much of the facts about it I haven't had much of a chance to hear anecdotal evidence of what it was like. Was it exciting to have the new coins? When and where did you get your first ones? on 14th Feb or did it take a few days to get out to the shops? was it confusing/easy? How long did it take for people to work out the 50c was worth more than that in silver?

My father was only very young and cant remember much. My grandparents also don't remember much. I'm sure several members at least remember some of this and id love to just hear the stories if you would be kind enough to share.
Bedrock of the Community
sel_69l's Avatar
Australia
21786 Posts
 Posted 02/12/2012  01:06 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
The original paper notes were commonly likened to jam tin labels. The green labels on the A.J Lakersteen marmalade tins were almost exactly the same colour as the Two Dollar notes.

There was a lot of petty controversy about rounding up or down (usually up), to the equivalent decimal prices. Talk back radio was full of it.
Actually, I thought the changeover went pretty well, and the official changeover period was officially shortened.

I was living in England for 2 years around the time of changeover to decimal currency in the U.K. They had even less problems than we did. Probably learned from the Australian experience.

I still have the very first One dollar and Two Dollar notes I ever received in my pay packet. They are preserved crisp flat uncirculated between two sheets of perspex. I opted the wrong way. I should have kept the last Ten Shilling and One Pound notes. I rationalise my out of this, because the older notes would not have been CFU.

Advertising jingle, sung by Dollar Bill on black & white TV:
"So be prepared when the money starts to mix on the 14th of February 1966"
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trout1105's Avatar
Australia
7096 Posts
 Posted 02/12/2012  01:14 am  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
I can remember when I spent my 2 bobs worth of pocket money I felt ripped off with the tiny 1 and 2 cent coins.
A few pennies in your pocket and you felt like a millionaire.
With the 1 and 2 cents It felt like WOW where did all my money go
Formerly nancyc
Nevol's Avatar
Australia
5385 Posts
 Posted 02/12/2012  01:20 am  Show Profile   Bookmark this reply Add Nevol to your friends list Get a Link to this Reply
The changeover was very well received despite a few grumblings about 'rounding' up or down which a few retailers used to their advantage, but on the whole it went very smoothly. I can't remember having any problems, as for the first decimal coins and notes I got, no idea, too long ago.

Have a look/ listen to this, speakers on:
http://www.youtube.com/watch?v=kwA64l5SokU

(To the tune of Click Go the Shears)
life is a mystery to be lived not a problem to be solved
Pillar of the Community
enworb's Avatar
Australia
4411 Posts
 Posted 02/12/2012  01:38 am  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply
This sort of stuff was just what I'm after. I love haring stories of a time gone by. How long did it take for the assimilation and then complete change to occur? I imagine shops having price tags with prices in both pence and cents.
Valued Member
LostnFound's Avatar
Australia
55 Posts
 Posted 02/12/2012  04:16 am  Show Profile   Bookmark this reply Add LostnFound to your friends list Get a Link to this Reply
Check this out Enworb, by coincidence I was just reading it earlier today then I saw your post.
http://www.australian-threepence.co...-changeover/

here's a quote from the blog;
Sydney Harbour Bridge toll collectors continued to hand out shillings to disappointed drivers hoping for 10c pieces as change for their florins. The Decimal Currency Board chairman Sir Walter Scott travelled to work by train on this day watching clerks at the booking offices eyeing off the transition and it's affect on commuters "just going like clockwork this morning" he said.
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goatieman23's Avatar
Australia
869 Posts
 Posted 02/12/2012  5:00 pm  Show Profile   Bookmark this reply Add goatieman23 to your friends list Get a Link to this Reply
Below is the bank training notes for the changeover: (I purchased this curiosity a while ago)
1966-Change-To-Decimal-Currency
The whole change-over seems like it would've been extremely interesting, confusing, a little daunting & just jaw dropping. Such a huge change..."If you don't like it...then TOO BAD!"
Valued Member
Australia
146 Posts
 Posted 02/19/2012  09:04 am  Show Profile   Bookmark this reply Add huckles888 to your friends list Get a Link to this Reply
my recollections of the "changeover" (I was quite young at the time) was that it went very smoothly - but an interesting sideline though is that it took quite a number of years before sixpences (5c equivalent), shillings (10c equivalent) etc stopped being commonly circulated
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FNQ's Avatar
Australia
507 Posts
 Posted 02/19/2012  09:22 am  Show Profile   Bookmark this reply Add FNQ to your friends list Get a Link to this Reply

Quote:
Below is the bank training notes for the changeover:

They are definitely bank training notes, but I'm not so sure of the era...

The clues are: 5, 50, 100, and also 1 & 2. My guess is around 1987-91.
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