US NATIONAL DEBT –
$34,997,540,505,103

Australian 1/4 oz Gold Florin

Background

The Australian 1/4 oz Gold Florin carries a piece of Australia’s rich numismatic heritage, pointing back to a time before the decimalization system was adopted in 1966. The original florins comprising 1/10 of a pound circulated in Australia in 1910-1963 and were used to pay for goods and services. The Australian 1/4 oz Gold Florin serves as a commemorative coin for this page in Australia’s treasury history. The gold rendition of the florin features Queen Elizabeth II on the obverse and the first Australian Commonwealth coat of arms on the reverse, adding fascinating historical layer to the coin’s investment potential.

Details

  • Manufacturer: The Perth Mint
  • Minting Location: Australia
  • Denominations: AU$25
  • Content: 0.25 oz.
  • Purity: 99.99%
  • Weight: 7.7 g
  • Thickness: 2.3 mm
  • Diameter: 20.6
  • IRA-Eligibility: Eligible

Origin

  • The coin serves as a historical tribute to the florins that circulated in the Australian financial system before the introduction of decimalization.
  • The coin’s obverse showcases the portrait of Queen Elizabeth II, emphasizing the enduring connection between Australia and the British monarchy.
  • The reverse of the coin depicts the first Australian Commonwealth coat of arms featuring the shield with St. George’s cross held by an emu and a kangaroo.

 

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