Queen Elizabeth 1992 Coin Five Cents Coin Value, Australian Coin Worth

The 5 cent coin was first introduced with decimalisation on 14 February 1966, when it replaced the pre-decimal Australian sixpence (to which it is equal in size and mass). The original reverse design has not been changed since the introduction. After the withdrawal of the one cent and two cents denominations from circulation in February 1992, the five cent coin is now the smallest circulating coin of the Australian dollar. Coins issued in 1992 have now been in circulation for 31 years. . The obverse of the coin shows the crowned bust of Queen Elizabeth II, facing right (her effigy known as the “Third Portrait“). The Queen is wearing the royal diadem which she wears on her way to and from the State Opening of Parliament, a pearl necklace and earrings. Incuse in tiny letters on the neck truncation, the designer's initials RDM (for Raphael David Maklouf). Around, the monarch's legend and the date of issue: ELIZABETH II AUSTRALIA 1992. . Reverse: An echidna (also known as