Yes, all coins (including collector coins) currently produced by the Mint are Australian legal tender.
The RBA puts it even more bluntly: "If someone wants to pay a merchant with five cent coins, they can only pay up to $5 worth of five cent coins and any more than that will not be considered legal tender."
In general Australian $5 coins are valued at just that, five dollars. Yes, they are really only worth their five dollar face value.
Are Any Australian 5 Cent Coins Valuable? When sorting through a lot of loose change, the 1972 five cent coin is arguably the most important Australian five cent to look for. Due to the low mintage, the 1972 five cent coin is very sought after (even in used condition) and can be worth over $100 in mint condition.
A payment of coins is a legal tender throughout Australia if it is made in Australian coins, but this is subject to some restrictions about how much can be paid in coin.
Accordingly, all banks and businesses are obliged to continue to accept the 5c coins as legal tender.
Yes, 1c and 2c pieces are still Australian legal tender, but they are not considered as 'currency' (or, money that is officially released for circulation). This means that you can take your old 1c and 2c coins to the bank and exchange them for currency totalling the same face value.
2007 P Jefferson Nickel Value
According to the NGC Price Guide, as of June 2023, a Jefferson Nickel from 2007 in circulated condition is worth between $0.10 and $0.20. However, on the open market 2007 P Nickels in pristine, uncirculated condition sell for as much as $50.
A normal base metal Crown may fetch £10 or more if particularly desirable. The gold and silver commemorative £5 coins will often be worth far more on metal value alone, and their more limited mintage figures may result in an even high price.
Australian 1966 Five Cents Upset Die Error
This resulted in what is known as upset coin errors where the head and tails sides of the coin are not properly aligned. We've only ever seen one or two of this error making it very scarce and valuing them at anywhere from $50 to $200.
Watermark. Hold the note to light and look for a faint image of a large numeral 5 in the blank space to the right of the portrait and a faint image of three numeral 5s to the left of the portrait. The images are visible from both sides of the note.
There are many different variables that go into the value of the Liberty $5 Gold Coin. It depends largely on what dealer you are buying from, how rare the version of the coin is and how old it might be. Generally speaking, the least you will pay is around $300, even if the condition is questionable.
The $5 gold piece is the only coin series in our nation's history to have been minted at all eight of the U.S. Mint branches - Philadelphia, San Francisco, Charlotte, Dahlonega, New Orleans, Carson City, Denver, and West Point.
North & South America - $40.00.
Which Australian One Dollar Coins Are Valuable? Australia's rarest one dollar coin is the 2000 $1/10c mule - this is the one to look for!
The 1966 one cent made by the Royal Mint Perth branch is probably the most valuable 1 cent coin from Australia, while the 1966 Royal Mint Melbourne branch 1 cent is also popular with collectors when in mint condition. The 1968 one cent coin is another one to look for in mint condition.
Elizabeth II, The Last 5 Crowns Collection. Fantastic Collection of the last 5 Crowns Ever In 1981 the Royal Mint issued its last British Crown ever.
This means that they're difficult to find in your change. The mintage of the Queen's Golden Jubilee 5 pound coin is around 3.5 million. The highest price on eBay, as of May 2019, for a Brilliant Uncirculated coin in its original packaging was £11.99.
Struck from . 925 sterling silver, this proof £5 coin celebrates Queen Elizabeth II's Platinum Jubilee.
According to the NGC Price Guide, as of June 2023, a Buffalo Nickel from 1926 in circulated condition is worth between $0.50 and $42.50. However, on the open market 1926 Nickels in pristine, uncirculated condition sell for as much as $6000.
What is a nickel converted into dollars? As 100 cents form a dollar, and 1 nickel equals five cents, we can say that 20 nickels make up a dollar.
Item NU 16137 Coin - 5 Cents, Australia, 1982
A cupro-nickel coin (19.4 mm diameter) featuring on the obverse a diademed bust of Elizabeth II facing right; around, ELIZABETH II AUSTRALIA 1982. The reverse features an echidna (also known as a spiny ant-eater) seen from below as it rolls into a protective ball.
There are no laws limiting the amount of cash you can keep at home. This makes sense as many businesses, especially retail stores, keep large amounts of money with them merely as floating cash.
All existing Australian banknotes are legal tender.
Defacing, destroying or altering Australian currency coins
It is a criminal offence under the Crimes (Currency) Act 1981 (Cth) to deface or destroy current Australian currency coins. It is also an offence to sell or possess current coins that have been defaced.