Two Cents 2006 (Silver, Second Portrait), Coin from Australia - detailed information

Two Cents 2006 (Silver, Second Portrait), Coin from Australia
CoinTwo Cents 2006 (Silver, Second Portrait)

The Australian two-cent coin is the second smallest denomination of the Australian dollar. It was introduced with the Currency Act 1965 (Commonwealth) but - unlike some of the other denominations - it did not replace an earlier pre-decimal coin; given that the 5 cents piece replaced the sixpence, two cents were technically equal to 2.4 pence but the Act rounded that to either two or three pence. The halfpenny, penny and threepence denominations had no exact equivalent in the new system, unlike the sixpence, shilling and florin which were equivalent to respectively 5 cents, 10 cents and 20 cents and were re-denominated as such

The one cent and the two cent denominations were withdrawn from circulation in February 1992. They have never been demonetised though and remain legal tender.

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.

MintRoyal Australian Mint Mintage5,829
Obverse
Australia / Two Cents 2006 (Silver, Second Portrait) - obverse photo

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.

Obverse Inscription ELIZABETH II AUSTRALIA 2006
Reverse
Australia / Two Cents 2006 (Silver, Second Portrait) - reverse photo

The reverse features a frilled lizard with neck frill extended and mouth open, designed and sculpted by Stuart Devlin. The denomination numeral 2 [cents] is left of the lizard's head; below its body in (very) tiny letters, the designer's initials SD.

Reverse Inscription 2
EdgeEdge Inscription
Notes

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)

Two Cents 2006 (Silver, Second Portrait): References to Information Used
SourceEditionAboutLinkNotes
Royal Australian Mint 2006, 2007 Mint link
Royal Australian Mint 2006, 2007 Mintage link
Royal Australian Mint 02 October 2006 Composition link
Two Cents 2006 (Silver, Second Portrait): Details
CountryAustralia
CurrencyAustralian Dollar
Coin TypeTwo Cents (NCLT)
Issued2006
MonarchQueen Elizabeth II
EffigyPortrait by Arnold Machin (Second Portrait)
Face Value2 (x Cent)
Mintage5,829
CurrentNo
Material0.999 Silver
DesignerStuart Devlin
TechnologyMilled (machine-made)
ShapeRound
OrientationMedal Alignment (Axis 0)
Size (mm)21.6000
Mass (g)5.1800
Advertising (helps this site)
Share or Bookmark this Page
Two Cents 2006 (Silver, Second Portrait): Photos
ImageDetails
2006 2c Silver Proof for the Proof Year Set
Copyright: Downies
Source
2006 2c Silver Proof for the Proof Year Set
Copyright: Downies
Source
Two Cents 2006 (Silver, Second Portrait): Catalogue Reference IDs
SourceReference ID
Krause, Standard Catalog of World CoinsAustralia KM# 63a