Australian two-dollar coin

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Two Dollars
Australia
Value 2.00 AUD
Mass 6.60 g
Diameter 20.50 mm
Thickness 2.80 mm
Edge interrupted milled
20 notches
Composition 92%Copper, 6% Aluminium, 2% Nickel
Years of minting 1988–present
Obverse
Design Queen Elizabeth II
Designer Ian Rank-Broadley
Design date 1999
Reverse
Australian $2 Coin.png
Design Male Aboriginal Elder
Designer Horst Hahne
Design date 1987

The Australian 2 dollar coin is the highest-denomination coin of the Australian dollar, it was first issued on 20 June 1988, having been in planning since the mid-1970s. It replaced the Australian two-dollar note due to having a longer circulatory life.[1]

Design[edit]

In accordance with all other Australian coins, the obverse features the portrait of the reigning monarch, who during the lifetime of the coin has only been Queen Elizabeth II, from 1988 to 1998 the portrait of her was by Raphael Maklouf before being replaced in the following year by one sculpted by Ian Rank-Broadley.[2]

Designed by Horst Hahne, the reverse depicts an Aboriginal Elder, inspired by an Ainslie Roberts drawing of Gwoya Jungarai, known as One Pound Jimmy.[3][4] However, the design is not intended to depict any person in particular,[5] the design also incorporates the Southern Cross and native grasstrees. The initials of its designer, Horst Hahne, were removed from the design from 1990 onwards.[1]

All two-dollar coins have been struck at the Royal Australian Mint in Canberra. 160.9 million coins were minted in the first year of issue.[4] It has been issued in all years since except 1991,[4] with an average mintage of 22 million coins per annum from 1989 to 2008.

The 2012 Remembrance reverse $2 coin.

In 2012, the Australian mint released the first ever different designed 2 dollar coin, it features a poppy flower, with the words Lest we Forget and Remembrance Day in the background of the coin. There had been no commemorative designs for this issue, until the 2012 Remembrance coin was minted. Along with the 2012 Remembrance coin was a coin with the same text and image but the centre poppy was red with a black centre, it was therefore the first coloured circulating coin in Australia.

On 21 June 2013, a third commemorative 2 dollar coin was launched by the Royal Australian Mint, this coin, commemorating the 60th anniversary of the coronation of Queen Elizabeth II, featured a purple circle bordering St Edward's Crown.[6]

As a part of the 100 years of Anzac Day a coin programme launched by the Royal Australian Mint, two separate coloured coins were released, the first was released in 2014, it featured two green circles in the middle of the coin and a dove in the centre. The word Remembrance was stretched across the top of the coin; in 2015, the fourth circulating coloured coin in Australia was released. It includes red stripes much like the 2013 Queen Coronation coin, it also features five crosses amongst poppies and the words Lest we Forget in the centre. A fifth coin was also released in 2015, it is sunset orange and it features a sun in the centre with birds and the Flanders Field poem in the background.

In 2016 a commemorative coin was issued for the Rio Olympic Games. Five Coins were issued for circulation via Woolworths and were made available in packs of the 5 coins on the 27 July 2016. A Paralympic Games coin was issued on the 22 August 2016.[7]

When the coin was introduced there were complaints that the coin was too small for its value and was easily lost, or counterfeited by placing two 5 cent pieces together and colouring them gold.[citation needed] However, with an uninterrupted milling on the 5 cent and the 2 dollars having 5 grooves in 4 lots separated by 7mm length of the side, identification is easy, it has the same size and milling as the 10 Swedish kronor.

Its smaller size in comparison to the $1 coin can lead to confusion for visitors from outside Australia.

Minting figures[edit]

The coin has only been struck at the Royal Australian Mint in Canberra, the nation's capital, the only year without production was 1991 (due to the large amount issued for the coin's introduction in 1988).[1]

Year Mintage
1988* 160,900,000
1989* 31,600,000
1990 10,300,000
1991 -
1992 15,500,000
1993 4,900,000
1994 22,100,000
1995 15,500,000
1996 13,900,000
1997 19,000,000
1998 8,700,000
1999 27,300,000
2000 5,700,000
2001 35,600,000
2002 29,700,000
2003 13,700,000
2004 20,000,000
2005 45,500,000
2006 40,500,000
2007 26,000,000
2008 47,000,000
2009 74,500,000
2010 36,500,000
2011 1,800,000
2012 5,900,000
2013 35,100,000
2014 39,900,000
2015 22,000,000
2016 12,900,000
"*" denotes that coins were minted with the designer's initials
References: [8]

Commemorative coins[edit]

Year Subject Colours/Features Mintage
2012 Poppy N/A 5,800,00
Red 500,000
2013 60th Anniversary of Queen's Coronation Purple 1,000,000
2014 Remembrance Day Green 1,900,000
2015 100 Years of ANZACs Red 1,500,000
In Flanders Field Orange 2,200,000
2016 50 Years of Decimal Currency Pre-decimal Crown on obverse 2,700,000*
2016 Rio Olympics** Blue 2,000,000
Black
Red
Yellow
Green
2016 Rio Paralympics Green/Yellow/Red/Blue
2017 Lest We Forget Blue/Green/Yellow N/A
Possum Magic** Pink/Purple/Orange/Blue
Red/Orange/Purple/Yellow/Blue
Blue/Navy/Pink/Orange/Green
"*" denotes partial numbers for 2016 - total production to be confirmed
"**" denotes release through Woolworths Supermarkets
References: [8][9]

See also[edit]

References[edit]

External links[edit]

Preceded by
Two Dollar Note (Australian)
Two Dollars (Australian)
1988–present
Succeeded by
Present