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.
This coloured non-circulating commemorative was issued to mark the 25th anniversary of Bananas in Pyjamas.
Bananas in Pyjamas is an Australian children's television series that first aired on 20 July 1992 on ABC. It has since been syndicated in many countries and dubbed into other languages (in the United States, the "Pyjamas" in the title was modified to reflect the American spelling "pajamas"). It aired in syndication from 1995 to 1997 as a half-hour series, then became a 15-minute show paired with a short-lived 15-minute series The Crayon Box, under a 30-minute block produced by Sachs Family Entertainment titled Bananas in Pajamas & The Crayon Box. Additionally, the characters and a scene from the show were featured in the Kids for Character sequel titled Kids for Character: Choices Count. The pilot episode was Pink Mug.
No coins of this type were issued into circulation. | 
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