Description

The Australian halfpenny coin was the smallest circulating denomination of the Australian Pound. It has the same dimensions and composition as the British pre-decimal halfpenny, from which it is derived (for a time, the coins circulated in parallel and were interchangeable in Australia – but not in the United Kingdom; the currencies were fixed at par). 1/2 penny was worth 1/24 of a shilling, or 1/480 of a pound.