Australian one-cent coin
|Years of minting||1966–1991, 2006 and 2010|
Queen of Australia
|Design||Feathertail glider (Acrobates pygmaeus)|
The cent, formally the one-cent coin, is the lowest-denomination coin of the Australian dollar. It was introduced on 14 February 1966 in the decimalisation of Australian currency and was withdrawn from circulation in 1992 (along with the two-cent coin). It was commonly referred to as a penny.
From 1966 until 1984 the obverse featured the portrait of Queen Elizabeth II by Arnold Machin. It was changed in 1985 to a version by Raphael Maklouf, which remained until its withdrawal from circulation in 1992.
The reverse side of the coin features the image of a feathertail glider (Acrobates pygmaeus), a gliding possum unique to Australian states bordering the Pacific Ocean. The image was designed by Stuart Devlin, who designed the reverses of all of the original Australian decimal coins.
The first issue (1966) was produced by three mints: 146.5 million were minted at the Royal Australian Mint in Canberra, with 239 million at the Melbourne Mint and 26.6 million at the Perth Mint. With the exception of 1966 and 1981, all other one-cent coins have been produced at the Canberra mint. In 1981, 40.3 million were struck at the British Royal Mint in Llantrisant, Wales, as well as 183.6 million in Canberra. The only year when it was not minted during its years in general circulation was 1986. It was last minted in 1990.
The decision to remove the one and two-cent coins was confirmed by the Treasurer in a Budget Speech on 21 August 1990. The action was due to inflation reducing its value, and the high cost of bronze. Around the same time other countries removed their bronze coins—New Zealand removed its one and two cent coins in 1990, while the United Kingdom and Ireland changed their bronze one and two pence coins into copper-plated steel.
The one cent coin was produced as proof and uncirculated coins in 1986, 1991, 2006 and 2010 as part of mint sets. Other compositions were also used for 1 cent coins such as the 1978 (incorrectly listed as 1968 at Downies) specimen struck in aluminium or fine silver proofs in 1991, 2006 and 2011.
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- "Frequently asked questions". Ramint.gov.au. Retrieved 2013-08-17.
- "RBA Banknotes: Legal Tender". banknotes.rba.gov.au. Retrieved 2018-07-24.
- "Coin Types from Australia". Worldcoingallery.com. Retrieved 2013-08-17.
- "One cent". Royal Australian Mint. Retrieved 2018-08-27.
- "Decimal Errors and Varieties". Downies. Retrieved 2013-08-17.
- "An official striking of Sydney 2000 Olympic Victory Medals by Minister Joe Hockey MP [07/06/2000]". Ramint.gov.au. 7 June 2000. Archived from the original on 18 May 2013. Retrieved 2013-08-17.
| One Cent (Australian)
Withdrawn from circulation
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