Why Australia’s new currency update is head and shoulders above the rest…

For the first time in 20 years, a brand new portrait of the Queen will be featured on Australia’s currency update.

Since her coronation in 1953, five effigies of Her Majesty Queen Elizabeth II have appeared on the obverse of Australian coins – creating a numismatic timeline which shows her changing profile over the years.

Previous effigies were designed by Mary Gillick (1953), Arnold Machin (1966), and Raphael Maklouf (1985), however since 1998, Australian coins have used the current effigy by Ian Rank-Broadley, except during 2000, when Royal Australian Mint designer Vladimir Gottwald’s effigy was used on the 50c Royal Visit coin. 

The inclusion of an effigy of Her Majesty Queen Elizabeth II on the obverse of Australia’s coinage is mandated by Regulation 4(c) of the Currency Regulations made under the Currency Act 1965.

This new effigy by Jody Clark marks the sixth update to the Queen’s portrait and is said to continue the story of her reign and lifetime, although you might notice something a little different about this updated design…

 

Sixth Coin Effigy of Her Majesty Queen Elizabeth II 2019 $1 Uncirculated Coin. Obverse featuring the new design, reverse showing the old. Credit: ramint.gov.au

 

Whilst continuing to depict Her Majesty facing to the right and wearing the diamond diadem crown, unusually this new image will break from the traditional UK design by also including the Queen’s shoulders and the Victorian coronation necklace.

Mr Clark is responsible for the UK’s most recent portrait of Her Majesty, updated in 2015 and selected by the Royal Mint Advisory Committee.

His designs have also featured on recent releases such as the Prince Harry and Meghan Markle wedding £5 and the Queen’s Beasts £5 coins.

Chief Executive of the Royal Australian Mint, says: “The transition to a new effigy on all Australian coinage will begin in 2019 and continue into 2020. Coins carrying previous portraits of the Queen will remain in circulation.”

 

Sixth Coin Effigy of Her Majesty Queen Elizabeth II 2019 $1 Packaging. Credit: ramint.gov.au

 

However there is some controversy surrounding this coinage update, as the Australian Republic Movement (ARM) continue their campaign to remove the Queen as head of state in Australia.

What are your thoughts on Australia’s new currency update and do you think the design is head and shoulders above the rest? Let us know in the comments below.

 


 

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The $1 Coin Series set to become a Collecting Phenomenon…

We’ve been admiring US coinage recently and if you’ve read our previous blog detailing the series that half of American collected, you’ll be very excited to hear that starting from 2019, the United States Mint will begin minting and issuing the American Innovation $1 Coin Act – a brand new coin series honouring American innovation.

This latest numismatic programme looks set to follow on from the success and popularity of the US Territories Quarters series mentioned above, which not only kick started coin collecting in America, but worldwide!

Each coin represents its own state and will be released in the order that its respective state was ratified in the Constitution of the United States and admitted to the Union.

Candidate designs developed for the 2018 American Innovation $1 Coin Program in accordance with the Act that authorized them. Credit: www.usmint.gov

 

Released over a 14 year period, these coins will all bear an obverse with the Statue of Liberty and the inscriptions of “$1” and “In God We Trust”. The reverse images will be representative of a significant innovation, an innovator/group of innovators from each of the 50 states, the District of Columbia and the territories of the US. The reverse designs will be selected by the Secretary of the Treasury after consultation with each Governor, chief executive and the U.S Commission of Fine Arts.

Most excitingly, the first introductory coin is set to be released later this year! The reverse of this coin will be inscribed with “United States of America” and “American Innovators,” and it will include a representation of President George Washington’s signature on the first U.S. patent.

Following this introductory coin, the rest will be released at a rate of 4 coins per year.  Just like the US State Quarters Series, The American $1 coins are expected to rapidly become one of the most widely collected series. But will you be collecting these new US $1 coins? Let us know in the comments below!

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Start collecting US coins today!

 

2009 District of Columbia and United States Territories Quarters! Credit: usacoinbook.com

 

Start your very own journey into US coin collecting with the US State Quarters that Half of America Collected…

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