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Historical Context of Australian Currency: Australia initially had no need for coins as it was a penal colony, relying on a self-sufficient system until it adopted its own currency in 1966, transitioning from British pounds to Australian dollars.
Valuable Australian Coins: Several rare Australian coins, such as the 1930 Proof Penny and the 1852 Type 1 Adelaide Pound, can fetch high prices at auction, with some valued at over $1 million USD due to their rarity and historical significance.
