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Australian-Coins Forum

Australian Coins, Banknotes and Exonumia => Australian Decimal Circulating Coins => Topic started by: brismike on January 30, 2020, 02:31:29 PM

Title: 5 Cent & 10 Cent Coins to Die a Graceful death?
Post by: brismike on January 30, 2020, 02:31:29 PM
Interesting story on the ABC Website today.

https://www.abc.net.au/news/2020-01-30/5-and-10c-soon-to-die-graceful-death/11910736 (https://www.abc.net.au/news/2020-01-30/5-and-10c-soon-to-die-graceful-death/11910736)

Mike
Title: RE: 5 Cent & 10 Cent Coins to Die a Graceful death?
Post by: JeffH on January 30, 2020, 02:38:38 PM
Too slow Mike. :D
Three hours ago (https://www.australian-coins.net/showthread.php?tid=4435&pid=121252#pid121252)
Title: RE: 5 Cent & 10 Cent Coins to Die a Graceful death?
Post by: The Basset on January 30, 2020, 03:07:45 PM
New Zealand made its last 5 cent coins in 2006 and promptly demonetised them. The only coin that has been demonetised in Australia remains the holey dollar. You can still spend your 1- and 2-cent coins, up to a total of 20 cents at a transaction, so let's do it!
Title: RE: 5 Cent & 10 Cent Coins to Die a Graceful death?
Post by: JeffH on January 30, 2020, 03:16:44 PM
The dump is demonetised too.

Banks are obliged to cash in pre-decimals*, 1¢ and 2¢ coins. An excellent way to make yourself unpopular with the tellers!

*Most tellers will happily cash in notes and silver because they know what they could be worth. But they definitely don't like coppers.
Title: RE: 5 Cent & 10 Cent Coins to Die a Graceful death?
Post by: Mister T on February 01, 2020, 01:10:51 PM
Shame - I like the 5c piece as a coin to collect.
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