|Coin||Five Cents 2006 (Silver, Second Portrait)|
The Australian 5 cent coin was first introduced with decimalisation on 14 February 1966 when it replaced the pre-decimal Australian sixpence. The original reverse design by Stuart Devlin has not been changed since its introduction.
The denomination is occasionally used by both the Royal Australian Mint and the Perth Mint to issue collector coins, which are legal tender in Australia - such as this one.
In 2006, the Royal Australian Mint produced some for mint sets (brilliant uncirculated coins and proofs), celebrating the 40th anniversary of the decimal currency. The silver proofs (only) have Her Majesty's "Second Portrait" (by Arnold Machin), which was last used in Australia in 1984.
The 8-coin Fine Silver Proof 2006 Year Set contains 1 cent, 2 cents, 5 cents, 10 cents, 20 cents, 50 cents (round), $1 and $2 coins - all with the Queen's Second Portrait by Arnold Machin, as the initial decimal coins released in 1966.
The coins were made of 99.9% silver. No coins of this type were released into circulation.
Crowned and draped young bust of Queen Elizabeth II facing right (effigy known as the "Second Portrait", by Arnold Machin).
The Queen wears the "Girls of Great Britain and Ireland" diamond tiara, a wedding gift from Queen Mary (Her Majesty's grandmother) in 1947 - which she also has on the Rank-Broadley and the Gottwald portraits.
Around, the monarch's legend and the date: ELIZABETH II AUSTRALIA 2006.
An echidna (also known as a spiny ant-eater) seen from below as it rolls into a protective ball. The denomination numeral 5 [cents] is above the lower half of the animal; the artist's initials SD (for Stuart Devlin) are below the numeral in (very) tiny letters.
Mintage figure includes 4,597 coins minted in the 2005/2006 financial year (ending 30 June), and 1,232 minted in 2006/2007 (out of an initially announced mintage limit of 6,500).
Sources of original information:
Royal Australian Mint, Annual Report 2005 - 2006 (2006), p88. Retrieved from https://www.ramint.gov.au/annual-reports (PDF)
Royal Australian Mint, Annual Report 2006 - 2007 (2007), p86. Retrieved from https://www.ramint.gov.au/annual-reports (PDF)