Because the first British settlement in Australia was a penal colony, there wasn’t much need for coins or currency. As The Perth Mint noted in a blog, authorities envisioned a “self-sufficient ...

Australian currency was originally based on British pounds, shillings and pence. That changed in 1966, when the country converted to Australian dollars and cents, similar to the U.S. system. The ...

An extremely rare Australian coin has been listed for auction in Sydney and is estimated to be worth $120,000. The "holey dollar" coin was the first currency minted in Australia and is among a range ...

A super rare 50 cent coin dating back almost 60 years has been spotted in loose change — leaving many scrambling to check ...

If you’re considering taking up rare coin collecting, it’s easy to see why you might be drawn to the hobby. “For over 2,000 years, numismatics — the study of coins, tokens, medals, and paper money — ...