Operation Fastbuck -Delivering New Decimal Coins In 1966

Truck Laden with Locked Containers of the New Decimal Coins and the Commonwealth Escort Car

Truck Laden with Locked Containers of the New Decimal Coins and the Commonwealth Escort Car

The delivery of new coins needed at the changeover from pounds, shillings and pence to dollars and cents for February 14th 1966 was given the name “Operation Fastbuck”. New coins had to be delivered to banks for the opening of business on Monday February 14th when Australia would begin a period of transition, initially with dual currency to ultimately merge full-time into the use of a new system of dollars and cents.

A lot of new coins had travelled form the Royal Mint in London and arrived at the Melbourne docks and were transported to storage at Deer Park prior to decimal changeover. Operation Fastbuck saw the delivery of all the new coins to banks Australia-wide. In the case of Victoria there were 3 groups involved in the distribution of the new coins from the Deer Park facility. Each group consisted of a semi-trailer loaded with locked containers that held the cases of coins (see image above) with the driver accompanied by an armed Federal Police Officer. A medium sized delivery van (similar to armoured Armaguard, Brinks or Chubb security vans that we see today) saw the driver accompanied by another armed police officer and 2 bank officers. A Commonwealth car (seen in image above) with driver and a police officer armed with an Owen Sub-machine gun kept guard of the semi-trailer as an escort.

On approximately 6 occasions between November 1965 and February 1966 the convoy began to distribute the new coins and banknotes. They would be gone for about 4-5 days on each occasion. After loading up from the facility in Deer Park in Melbourne the 3 groups tracked the entire state of Victoria. Each morning the security van would load money from the semi-trailer to be distributed to banks as the van criss-crossed the trucks path during the day, meeting up with the truck several times to replenish the supplies in the van. The convoy proceeded to the main roads to arranged overnight stops where the personnel stayed at local hotel/motels and the vehicles were guarded by the local police overnight. Remarkably there were no instances of robbery throughout the operation where over 600 million coins and 150 million new banknotes were distributed.

After the operation was completed a Reserve Bank function thanked the 70 or so persons involved and presented them with the very rare “Fastbuck Wallet” of uncirculated new decimal coins each in an inscribed wallet thanking them individually. The information and images provided in this entry have come from one of the Commonwealth Car drivers, Mr Charlie Browne. You can see an image of his own Fastbuck Mint Set in The Pocket Guide to Australian Coins and Banknotes by Greg McDonald (18th ed), a catalogue of Australian coin values. His recollection is that quite a few of these wallets were discarded and the new coins spent in the bar on that day of the presentation. This wallet is certainly the most collectable of all the 1966 mint sets.

Interestingly Mr Charlie Browne did not in fact work for TNT as stated in all the literature on this event. Commonly it is quoted that the 70 persons presented with these sets were TNT drivers. Possibly this is the case for other states but not in the case of Victoria where Mr Browne worked for the Government and there was no involvement of the company TNT. It was a joint collaboration between the Reserve Bank of Australia, Stores and Transport Drivers (Government heavy vehicle and Government Commonwealth Car drivers) and the Federal Police.

Thanks Charlie for your efforts during the currency conversion.

Mr Charlie Browne in 1966 as Commonwealth Car Driver

Mr Charlie Browne in 1966 as Commonwealth Car Driver

Posted in Australian Decimal Changeover

Indent Error with Partial Brockage 50c

1976 50 Cent Error PCGS MS64

This indent coin error has occurred when the previously struck 50c failed to exit the press cleanly and was jammed against the new blank when it was struck. This has left the impression and incuse (brockage) imprint of the coin that didn’t make it off the press. We’ve seen this before on Australian pre-decimal coins and we’ve come across what is such a superb example that we’d like to share it with our readers. The penny in our previous entry linked to above is the exact same type of error and the same malfunction in the press has occurred. When comparing the 2 examples you can clearly see the factors which make this coin a genuine mint error and not some kind of manufactured in the “back shed” variety. The fact that the reverse design is so well struck and remains undamaged tells us that the coin was pressed against the die when the indent happened. If it were post mint damage then we would certainly see intrusion or flattening of the design on this coin’s reverse -which there is not.

Click image to enlarge

Posted in Error Coins

Australian Indent Error with Partial Brockage

1952a Penny Indent with Partial Brockage

1952a Penny Indent with Partial Brockage

This 1952a Australian penny was struck in Perth but there was a press malfunction during it’s minting. The coin struck prior to this coin had not exited the press completely before the new blank fell into place and was struck.This resulted in an Indent error in the new coin in the shape of the coin that had not exited the press fully. You can see by the shape and size of the indent that the new penny was only just caught up in the minting of the second coin. We can tell the coin that didn’t escape quickly enough was a struck penny as you can see a partial brockage imprint of it (more clearly) in the close-up below. You can see incuse denticles and the NY of penny in the indent space – this is the partial brockage. Sometimes you can get indent errors that have been indented with unstruck or blank coins and the indent space shows no design.

If this were a manufactured “in the back shed” error or post mint damage then you would see obliteration on the reverse of the penny behind where the indent occured which is not the case in this genuine mint error coin. It’s a lovely choice uncirculated example.

We’ve spoken before about indent errors and they can have many forms. This is probably the more common (but still rare), more so that the one in our first entry Australian Indent Errors that was a $1 indented with a blank 5c (a whole different denomination) when 2 blanks had been fed into the press simultaneously, which is very rare.

Closeup of the Indent Showing Partial Brockage

Closeup of the Indent Showing Partial Brockage

Posted in Error Coins

The Complete Guide to the Australian 20 Cent (20c)

Stuart Devlin's Platypus Standard Design

Stuart Devlin’s Platypus Standard Design

The Australian 20c coin is made from 75% copper and 25% nickel (cupro-nickel), is 28.52mm in diameter and weighs 11.31grams. It has a reeded edge. The standard circulation design is the platypus by Stuart Devlin and was first issued in 1966 at Australia’s changeover to decimal currency. Below is a list of circulation and commemorative issues of the 20c piece.

Stuart Devlin’s platypus 20c standard circulation design:
Coins released into circulation:
1966-1982, 1985-1987, 1994, 1996-2011
Coins released in mint sets only:
1986-1987, 1989-1993, 1995
There is conjecture over 20c coins issued in 1983, 1984 and 1988. Whilst coins were minted for circulation, most of these were melted down. It’s unclear how many were actually released.

Commemorative Coins
1995 50th Anniversary of the United Nations 20c -circulation
2001 Sir Donald Bradman Tribute 20c -circulation
2001 Centenary of Federation State Series 20c
New South Wales (NSW) 20c -circulation
Australian Capital Territory (ACT) 20c -circulation
Queensland (Qld) 20c -circulation
Victoria (Vic) 20c -circulation
Norfolk Island 20c -circulation
Northern Territory (NT) 20c -circulation
South Australia (SA) 20c -circulation
Western Australia (WA) 20c -circulation
Tasmania 20c -circulation
2003 Volunteers 20c -circulation
2005 60th Anniversary of WWII Coming Home 20c -circulation
2007 Surf Lifesaver 20c -NCLT
2008 Year of Planet Earth 20c -NCLT
2009 Year of Astronomy 20c -NCLT
2009 Australia Remembers Service Nurses 20c -NCLT
2010 Burke and Wills -NCLT
2010 Australia Remembers Fromelles 20c -NCLT
2011 Australian Wool 20c -NCLT
2010 Tax Office 20c -circulation
2011 The Ashes 20c -NCLT
2011 International Womens Day 20c -circulation
2011 Royal Wedding 20c -circulation
2011 Australia Remembers War Historians 20c -NCLT
2011 10th Anniversary of International Year of Volunteers 20c -circulation
2012 Fields of Gold Australian Wheat 20c -NCLT
2012 Bombing of Australia 1942 Lone Sentry (Shores Under Siege 3 coin Set) 20c -NCLT
2012 Bombing of Australia 1942 Air Raid Shelter (Shores Under Siege 3 coin Set) 20c
-NCLT
2012 Merchant Navy Australia Remembers Series 20c -NCLT
2013 Australian Mining 20c (2 coin set)-NCLT
2013 Platypus Selectively gold plated proof 20c (2013 Proof Set)
2013 Platypus Hyper-metallic colour printed uncirculated 20c (2013 Mint Set)
2013 Canberra Centenary 20c -circulation
2013 25th Anniversary of Parliament House -NCLT
2013 Army Chaplains Australia Remembers Series 20c -NCLT
2013 Centenary of Australian Banknotes 20 cent (2 different coins in 3 coin set)
2013 The Ashes 20 cent -NCLT
2014 Australian Comforts Fund Australia Remembers Series -NCLT

2015 ICC Cricket World Cup 20 cent -NCLT mintage capped at 50,000 issue price $12
2015 200th anniversary of the birth of Sir Henry Parkes -NCLT mintage capped at 30,000, issue price $8
2015 800th anniversary of the Magna Carta -NCLT mintage capped at 30,000, issue price $8
2015 Netball World Cup -NCLT mintage capped at 30,000, issue price $12
2015 14 coin 20 cent collection from News Corp ANZACS Remembered
WWI 1914-1918, Mateship, Light Horsemen, Home front, Royal Australian Navy, Remembrance Day, Nurses, Wartime Animals, The Last Post, War Correspondents, Australian Flying Corps, Australian Imperial Force, The Unknown Soldier and Gallipoli Landing.
2015 Coo-ee March. Australia Remembers Series 20c (issue price $10, mintage 30,000)

2016 Dirk Hartog Landfall (400th Anniversary) 20 cent (issue price $10, mintage 20,000)
2016 ANZAC to Afghanistan Set includes 10 x 20c coins.
Fromelles, Rats of Tobruk, Darmin bombing, Bomber command, Thai-Burma railway, Korean war, Peacekeeping, Special forces, Dogs at war and Afghanistan.

2017 75th Anniversary of the Sinking of the SS Vyner Brooke 20c (issue price $10, mintage max 20,000)
2017 Bananas in Pyjamas 25th anniversary coloured 20 cent (issue price in 2 coin set $30, mintage capped at 30,000)
2017 International Day of People with Disability 20c

Articles specific to the 20c piece include the Australian 20c Coins Value Part 1 entry, the Rare Australian Decimal Coins: Part Two- Extreme decimal rarities article which mentions 20c coins struck on a scalloped foreign planchet and a 20c struck on a bi-metal planchet.

All issues of the 20c were struck at the Royal Australian Mint in Canberra with just a few exceptions. In 1966 there are Canberra and London varieties which we’ve looked at in the entry Australian 1966 20c Mint Marks. One die variety minted in London is the rare 1966 Wavy Baseline 20c. The 1981 20c issues also have coins struck in Canberra, The Royal Mint in Wales and the Royal Canadian Mint.

There are also a number of articles in the Coin Errors and Misstrikes master index with specific examples of error 20c coins.
Split Planchet 20c
Clamshell 20c
Clipped planchet and partial collar 20c
Feeder finger jam 20c

Posted in Collecting Coins

How We Take Our Coin Photos

Our Camera Setup

Our Camera Setup

We’ve spent years striving to perfect the art of taking quality coin images. Over the years we’ve upgraded parts of our setup and we’re finally at that point where we’re happy with the images we take and happy that they portray the coins as they are without the need for photoshop or artificial manipulation. We use 2 different methods of coin photography. The first is to use a Dinolite Microscope for extreme closeup shots which we’ve discussed previously in the entry Dino-Lite USB Microscopes and Coins. We also have a digital SLR for images of entire coins not requiring magnified close-up. The Dinolite won’t image an entire coin unless it’s threepence size and the built in lighting is very poor for imaging an entire coin.

Our digital SLR is a Nikon D7100 D60 with 24 10.2 megapixel resolution. We mostly use a Tamron 90mm fixed length macro lens for coins but interchange it with one of it’s original lenses, a Nikon 18-55mm lens. This lens is used for shots of larger items such as PNC’s and mintsets. The camera sits on a copystand we picked up secondhand from a camera shop and is movable up and down. Clipped on either side of the copystand are 2 lights with swivel arms and shrouds to direct the light. Using 2 PAR 30 100w halogen spotlights the serious light is serious enough to fry an egg! We control the camera from a PC running the free DSLR controlling digiCamControlNikon’s nifty Camera Control 2 software. So what it comes down to now is place the coin under the camera and click via the keyboard!

Update 27 November 2015 – updated the article to include the details of our current DSLR body and the software we use to control the camera these days.

Posted in Numismatic Photography

Foreign Planchet Error Coins

1944s Shilling on Foreign Planchet

1944s Shilling on Foreign Planchet

This 1944s Australian shilling was struck in San Francisco USA (note the S mintmark) on an underweight planchet of 4.95g. Some Australian silver during WWII was struck in both San Francisco and Denver in the USA as demand for coinage outran the capabilities of our Mint’s at that time. Because of this shillings undersized planchet it hasn’t completely pressed out in the collar die to receive it’s edge milling and denticles around the top half of the coin. An interesting coin with a different patina to it’s other shilling ram friends.

Represented on eBay as being struck on an underweight planchet the above coin sold for a BIN of $300. An underweight planchet yes, but a more interesting answer fits. This coin was struck in the USA where a war nickel at that time was made from 5 grams of 35% silver, 56% copper, 9% manganese. The Australian 1944s shilling should weigh 5.65 grams made from 92.5% silver and 7.5% copper. It’s most likely this coin was struck on a foreign planchet, that of a USA 5c! The weight fits and the unusual patina is derived from the lower silver and higher copper percentage. What a rare occurance for a misplaced USA nickel blank to find it’s way into the hopper of blanks to be struck as Australian Shillings, for it to be struck by the press and pass quality checking to be shipped back to Australia as circulating currency.

The way to prove this theory beyond doubt is to send this coin off to PCGS or NGS for non-invasive compositional testing and it to be slabbed as an Australian shilling struck on a USA war nickel planchet – spectacular error coin.

A similar coin (in it’s raw state) dated 1943s and accurately identified sold for an $1,100 knock down bid (+ buyers premium) at IAG auction 73 (lot 487 March 2011). Another 1943s sold for $1320 (+ buyers premium) at IAG auction 71 (lot 460 March 2010).

Other interesting foreign planchet error coins are an Australian $2 coin struck on a Euro 10c planchet or the Australian Mob of Roos One Dollar Struck on Venezuelan Bi-metal Planchet.

Posted in Error Coins

The Clamshell Coin Error

Australian 1950 Threepence Clam or Hinged Planchet Error

Australian 1950 Threepence Clam or Hinged Planchet Error

You often see flaws in the metal blanks used to strike coins but rarely do you see coins so obviously wrong as the clamshell error. These planchets contain lamination problems deep inside the metal which splits the 2 sides apart with only a hinge holding the coin together. While not always possible to store these in a 2×2 holder I have seen these stored in flip top coin boxes as they are very much 3 dimensional objects.

The Australian threepence seen above has probably seen some human involvement to prise the 2 sides apart, but never the less an interesting example of this type of planchet defect error. The lamination flaw, weakness or impurity ran through the centre of the coin allowing it to split open. The flaw may have been caused by the alloy not being mixed properly when the blanks were being prepared or a foreign material or gas being trapped inside the blank as the sheet metal was being rolled.

If the weakness ran through the entire body of the coin and each side of the coin became separated it would end up looking like a complete split planchet coin.

Click image to enlarge

Posted in Error Coins

Sydney 2000 Olympic $5 Coin Athletics

Athletics $5 Coin

Athletics $5 Coin

The above coin was issued in October 1997 in the first release of coins in a set of 28 in commemoration of the Sydney 2000 Olympic Games. These 28 five dollar coins were part of the Sydney 2000 Olympic Coin Program released jointly between the Royal Australian Mint and the Perth Mints.

The Athletics coin features the Maklouf portrait of HM Queen Elizabeth II and is Australian legal tender for $5. It celebrates the heroes of nations that are made on the track and in the field of the Olympic Games. This includes the marathon which is considered the event that best encapsulates the Olympic spirit both ancient and modern.

Issued for $8.95 it is not certain how many of these coins were struck however it is likely in excess of 203,000 of the Athletics coin were minted. Struck in an alloy of copper, tin, aluminium and bronze more information of this coin and the other 27 in the series can be found in the master article Sydney 2000 Olympic Games $5 Coin Collection.

$5 Coin Obverse -Maklouf Portrait

$5 Coin Obverse -Maklouf Portrait

Posted in Collecting Coins

1966 Mint Set The Fastbuck Wallet

Inside the very rare Fastbuck Wallet

Inside the very rare Fastbuck Wallet

Operation Fastbuck” was the name used for the safe delivery of decimal currency to the banks during the changeover from £/s/d to dollars and cents on February 14th 1966. 70 drivers were involved in the transfer of the new money in preparation for C-Day, the day Australia would start using the new currency.

These 70 drivers were presented with this special wallet embossed with their name as a thank you for their participation in the event. This is the rarest of the 1966 mint sets and is highly sought after by collectors. They very rarely come up for sale.

The pvc wallet is a dark green colour on the outside with the Reserve Bank of Australia (RBA) logo. Inside the 1966 uncirculated coins are housed in a hard plastic rectangular insert which is removable. The inscription on the black pvc folder reads “Presented by the Reserve Bank of Australia to L. Scorey as a memento of his participation in “Operation Fastbuck” Nov 1965- Feb 1966.

This particular wallet was issued to Les Scorey who has sinced passed away but his family have fond memories of these hard times when Mr Scorey was away from home for long periods tending to this most important event.

RIP Les, we salute your involvement in such a historical event in Australia’s history.

Green Cover of the very rare Fastbuck Wallet

Green Cover of the very rare Fastbuck Wallet

Posted in Australian Decimal Changeover

Your One Stop Guide to the Australian 50c

We’ve been endeavouring to write an entry on all circulation legal tender which extends itself also to NCLT releases of standard circulation types. As I wipe my brow I am pleased to say that “The Complete Guide to Australian 50c Coins” entry is now completely up to date with all coins issued.

For collectors of the 50c, and the 50c design is very popular, this master entry will be a godsend with images, coin features, designer and mintage information. Each link in the master entry will take you to a unique entry for each coin released, an easy way to figure out if your collection is complete!

Posted in Collecting Coins

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