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Law and Government

King Charles III Appears on Australian $1 Coin for 60th Anniversary, May 31

May 30, 2026
08:11 PM
3 min read

Key Points

Royal Australian Mint released special $1 coin for 60th anniversary of decimal currency.

Coin features King Charles III's effigy and historic sixth kangaroo in Stuart Devlin's design.

Australia adopted decimal currency on February 14, 1966, replacing the pound.

Limited-edition coin targets collectors and Australian history enthusiasts.

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Australia’s Royal Australian Mint released a commemorative $1 coin on May 31 marking six decades since the nation adopted decimal currency. The coin features King Charles III’s effigy on the obverse and a new design with six kangaroos instead of the traditional five. This special edition marks a milestone in Australian monetary history and celebrates the shift from the pound system to the dollar on February 14, 1966.

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New Design Adds Sixth Kangaroo to Iconic Mob

The 2026 $1 coin introduces a historic change to Stuart Devlin’s famous Mob of Roos design. For the first time, a sixth kangaroo leaps above the traditional group of five, symbolizing the sixth decade of decimal currency. The reverse displays “1 DOLLAR” integrated into the scene. The coin comes housed in a protective 2×2 flip for collectors.

King Charles III Replaces Queen Elizabeth on Currency

The obverse of the coin carries King Charles III’s effigy with the inscription “CHARLES III · AUSTRALIA · 2026”. This reflects the change in the British monarchy following Queen Elizabeth II’s death on September 8, 2022. Australian currency now displays the reigning monarch’s image, a standard practice across Commonwealth nations.

Decimal Currency Milestone Spans Six Decades

Australia introduced decimal currency on February 14, 1966, replacing the pound system. The Royal Australian Mint created this special anniversary edition to honor 60 years of the dollar. Collectors and history enthusiasts view the coin as both a monetary artifact and a historical memento celebrating Australia’s economic transition.

Commemorative Appeal for Collectors and History Buffs

The limited-edition coin targets decimal currency collectors and those interested in Australian history. The special anniversary edition offers a tangible way to mark six decades of Australia’s monetary system. The protective flip ensures easy handling and display for collectors.

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Final Thoughts

Australia’s new commemorative $1 coin marks 60 years of decimal currency with King Charles III’s image and a sixth kangaroo design. The coin appeals to collectors and history enthusiasts as a limited-edition memento of the nation’s monetary milestone.

FAQs

When did Australia switch to decimal currency?

Australia introduced decimal currency on February 14, 1966, replacing the pound system with the dollar.

Why does the new coin have six kangaroos instead of five?

The sixth kangaroo symbolizes the 60-year anniversary of decimal currency, which began in 1966.

Whose image appears on the new $1 coin?

King Charles III’s effigy appears on the obverse with the inscription “CHARLES III · AUSTRALIA · 2026”.

Disclaimer:

The content shared by Meyka AI PTY LTD is solely for research and informational purposes.  Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.

About Author

Author

Danny Kontos

Co Founder

Danny Kontos has been a stock investor since 2007 and co-founded Meyka in 2023. He keeps a small, focused portfolio and only moves when the numbers are hard to argue with. He has waited years on a single position before. Before Meyka, he ran a web hosting company and a mortgage lending platform, so he knows what a well-run business actually looks like under the hood. This article did not come from a news cycle. It came from someone who has been watching this space for a long time.

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