The one dollar coin denomination (written as $1) was introduced in Australia in 1984, replacing the earlier banknotes. The original definitive type featuring five kangaroos has not been changed since its introduction and is still issued regularly.
Apart from the regular design, the Royal Australian Mint issues a large variety of circulating commemorative one dollar coins which have the same specifications and circulate in parallel with the definitive type - such as this one.
This circulating commemorative dollar coin is part of the The Great Aussie Coin Hunt 3 campaign - the third series of 26 different $1 coins where each features a letter of the English alphabet and an Australian symbol starting with that letter. Y is for Yarra Valley: the coin for the letter Y features the Yarra Valley in Victoria.
The Yarra Valley is the region surrounding the Yarra River in Victoria, Australia. The river originates approximately 240 km east of Melbourne and flows towards it and out into Port Phillip Bay. The name Yarra Valley is used in reference to the upper regions surrounding the Yarra River and generally does not encompass the lower regions including the city and suburban areas, where the topography flattens out, or the upper reaches which are in inaccessible bushland. The Yarra Valley is a popular day-trip and tourist area, featuring a range of natural features and agricultural produce, as well as the Lilydale to Warburton Rail Trail. The Yarra Valley is host to a thriving wine growing industry. The area's relatively cool climate makes it particularly suited to the production of high-quality chardonnay, pinot noir and sparkling wine.
Coins issued in 2022 have now been in circulation for only two years. |