2 Cents - Elizabeth II (3rd Portrait) 1985-1991 front 2 Cents - Elizabeth II (3rd Portrait) 1985-1991 back
2 Cents - Elizabeth II (3rd Portrait) 1985-1991 photo
© brismike (CC BY-NC)

2 Cents - Elizabeth II 3rd Portrait

 
Bronze (97% Copper, 2.5% Zinc, 0.5% Tin) 5.18 g 21.59 mm
Description
Issuer
Australia
Queen
Elizabeth II (1952-2022)
Type
Standard circulation coin
Years
1985-1991
Value
2 Cents 0.02 AUD = USD 0.014
Currency
Dollar (1966-date)
Composition
Bronze (97% Copper, 2.5% Zinc, 0.5% Tin)
Weight
5.18 g
Diameter
21.59 mm
Thickness
1.5 mm
Shape
Round
Technique
Milled
Orientation
Medal alignment ↑↑
Updated
2024-10-04
References
Numista
N#5211
Rarity index
8%

Reverse

Frill-necked Lizard (Chlamydosaurus kingii), also known as the Frilled Dragon, endemic to Australia and south New Guinea.

Script: Latin

Lettering:
2
SD

Designer: Stuart Devlin

Edge

Plain

Comment

From 1985 the RAM updated the obverse of the 2 cent coin with the Raphael Makleouf Effigy of Queen Elizabeth II. It was used until 1991 after which the 1 cent coin was withdrawn from circulation in February 1992 and after removal from circulation, the coins were melted down to make bronze medals for the 2000 Summer Olympics in Sydney, Australia.

The decision to stop minting it was announced in August 1990. The main reasons included the diminishing purchasing power of the coin and the rising costs of its production which eventually overtook its face value.

A Fine Silver (.999) Proof version of the coin was included in the 1991 "Masterpieces in Silver" eight coin set.

Interesting fact

One interesting fact about the 2 Cents - Elizabeth II (3rd Portrait) 1985-1991 coin from Australia is that it was the first coin to feature a new portrait of Queen Elizabeth II, which was designed by sculptor Raphael Maklouf. This portrait was used on all Australian coins from 1985 until 1991, and it is still considered a popular design among coin collectors today.

Price

Date Mintage VG F VF XF AU UNC
1985  74089 - - - - - -
1986  67000 - - - - - -
1987  69684 - - - - - -
1988  101518 - - - - - -
1989  67618 - - - - - -
1990  51015 - - - - - -
1991  41490 - - - - - -

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 2 Cents - Elizabeth II (3rd Portrait) 1985-1991 coin.