1967 Australia 20 Coin: A Numismatic Gem

The year 1967 marked a significant shift in Australian coinage with the introduction of decimal currency. Among the coins released that year, the 1967 Australia 20 cent coin holds a special place in the hearts of collectors and history enthusiasts alike. This article delves into the fascinating world of the 1967 20 cent coin, exploring its historical context, design features, value, and enduring appeal.

A New Era of Currency

Before 1966, Australia followed a currency system based on pounds, shillings, and pence. However, the decimal system, with its simpler structure of dollars and cents, was gaining global traction. Recognizing the benefits of aligning with international standards, Australia made the historic decision to transition to decimal currency. The official “C-Day”, or Changeover Day, was set for February 14, 1966.

This momentous changeover brought about a complete overhaul of Australia’s coinage. Familiar coins like the florin and shilling were replaced with new denominations, including the 1 cent, 2 cent, 5 cent, 10 cent, 20 cent, and 50 cent coins.

The Birth of a Coin

The 1967 20 cent coin was one of the new denominations introduced as part of the decimal currency system. Struck by the Royal Australian Mint, this coin, with a face value of 20 cents, quickly became a cornerstone of everyday transactions.

Design and Specifications

The design of the 1967 20 cent coin, like other coins introduced that year, was a departure from previous Australian coins.

Obverse Design: The obverse, or ‘heads’ side, of the coin features the portrait of Queen Elizabeth II, a tradition maintained from pre-decimal coinage. However, the portrait on the new coins was updated to reflect the Queen’s current age.

Reverse Design: The reverse, or ‘tails’ side, showcases a distinctive design by Stuart Devlin, a renowned British sculptor and goldsmith. It features a platypus, a unique egg-laying mammal endemic to Australia, swimming in water. The inscription ‘TWENTY CENTS’ appears above the platypus, with the year of issue ‘1967’ below.

Specifications:

• Diameter: 28.55 millimeters
• Weight: 11.31 grams
• Composition: 80% Silver, 20% Copper
• Edge: Reeded

Value and Collectibility

The value of a 1967 Australia 20 cent coin can fluctuate depending on its condition, rarity, and demand from collectors.

Circulated Coins: Coins that have been in circulation and show signs of wear and tear are generally valued close to their face value. However, even circulated coins can hold value if they are in exceptionally good condition.

Uncirculated Coins: Coins that have never been in circulation and retain their original mint luster are highly sought after by collectors. The value of uncirculated coins can be significantly higher than their face value, especially if they are graded by a reputable coin grading service.

Proof Coins: Proof coins are special collector’s editions struck with a higher quality finish and greater detail. These coins are highly prized by numismatists and command a premium price.

Conclusion

The 1967 Australia 20 cent coin is more than just a piece of currency; it’s a tangible piece of Australian history. Its distinctive design, featuring the iconic platypus, and its association with Australia’s transition to decimal currency make it a fascinating and valuable collectible. Whether you’re a seasoned numismatist or a casual collector, the 1967 20 cent coin is a worthy addition to any collection.

FAQs

1. How many 1967 20 cent coins were minted?
The exact mintage figures for the 1967 20 cent coin are not publicly available. However, considering it was the first year of decimal currency, it’s safe to assume a substantial number were produced.

2. Where can I sell a 1967 20 cent coin?
There are several avenues for selling coins, including online auction platforms, coin dealers, and pawn shops. It’s recommended to research reputable buyers and compare offers before selling.

3. How can I determine the value of my 1967 20 cent coin?
The value of your coin depends on its condition, rarity, and demand. Consulting a coin grading guide or seeking an appraisal from a professional numismatist can provide a more accurate assessment.

4. Are there any error coins associated with the 1967 20 cent coin?
While not as common as with other coins, there have been reported cases of minor minting errors on the 1967 20 cent coin, such as double strikes or off-center strikes. These error coins are highly sought after by collectors and can command significant premiums.

5. Is the 1967 20 cent coin still legal tender in Australia?
Yes, the 1967 20 cent coin, like all decimal currency coins issued in Australia, remains legal tender.

Need More Information?

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