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Issue of a special 50-cent coin to commemorate the 25th anniversary of the accession of Queen Elizabeth II



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TREASURER

EMBARGO IMMEDIATE RELEASE

NO. 18

STATEMENT BY THE TREASURER, THE RT HON PHILLIP LYNCH, MP

ISSUE OF A SPECIAL 50-CENT COIN TO COMMEMORATE THE 2STH ANNIVERSARY OF THE ACCESSION OF QUEEN ELIZABETH II

The Treasurer, Mr Phillip Lynch, today released photographs

of the reverse design of the special 50-cent coin to be

issued this year to commemorate the Silver Jubilee of Her

Majesty Queen Elizabeth II.

The Government's intention to issue this coin was first

announced by Mr Lynch on 1 November 1976.

As previously announced, the coin will include the standard

obverse design dated 1977 while the central feature of the

reverse side would be the wattle blossom symbol of Australia

surrounded by 25 overlapping crowns and the inscriptions

"SILVER JUBILEE" and "50-CENTS". The commemorative coin

will be used for general circulation in 1977, in place Of

the present 50-cent coin which has the Commonwealth Coat of

Arms on the reverse side.

Mr Lynch said that the commemorative coin will be released

for circulation to the public through the trading banks as

from early next month (March 1977).

Special sets of the six coins that will be current in 1977

will be available both as mirror-finished proof sets and as

specially packed sets of uncirculated coins for collectors;

individual 50-cent coins Will not be available direct from

the Mint. .....

Applications for these special sets should be made direct to

the Royal Australian Mint, Deakin, ACT; despatch of the

sets is expected to commence in March. ' ■ " ■ i

NOTE: Photos lodged with Picturegram Section, Canberra Post Office.

CANBERRA ACT 18 FEBRUARY 1977