The Pound
Federation in 1901 gave the Commonwealth a constitutional power to issue coins and removed this power from the States. However, British coins continued in use until 1910, when Australian silver coins were introduced. These included florins, shillings, sixpences and threepences. They had a portrait of King Edward VII on one side. Australian pennies and half-pennies were introduced into circulation the following year. In 1931 gold sovereigns stopped being minted in Australia. A crown or five-shilling coin was minted in 1937 and 1938.
Read more about this topic: Coins Of Australia
Famous quotes containing the word pound:
“Gloom and solemnity are entirely out of place in even the most rigorous study of an art originally intended to make glad the heart of man.”
—Ezra Pound (1885–1972)
“Duccio came not by usura
nor Pier della Francesca; Zuan Bellin’ not by usura
nor was ‘La Calunnia’ painted.
Came not by usura Angelico; came not Ambrogio Praedis,
Came no church of cut stone signed: Adamo me fecit.”
—Ezra Pound (1885–1972)