Two Cent Piece Appraisal

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1990 Australian Two-Cent Coin

This is a low-denomination Australian decimal coin, specifically a two-cent piece dated 1990. The obverse side features the third official numismatic portrait of Queen Elizabeth II, wearing the George IV State Diadem, designed by Raphael Maklouf. The legend reads 'ELIZABETH II AUSTRALIA 1990'. The coin is circular with a plain edge, composed of 97% copper, 2.5% zinc, and 0.5% tin. It typically has a diameter of 21.59 mm and a weight of 5.18 grams. This particular specimen exhibits a significant dark, irregular patina and surface oxidation, possibly due to environmental exposure or poor storage, which has obscured the original 'as-struck' luster. There is visible wear on the high points of the Queen's effigy, including the hair and crown details. Minted at the Royal Australian Mint in Canberra, this coin represents one of the final years of the two-cent denomination circulation, as they were withdrawn from use in February 1992. The strike appears standard for circulation coinage of the period, though the current surface condition shows greenish-black spotting consistent with corrosion or PVC damage commonly found in older coin holders.

Estimated Value

$0.02 - $0.05

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