Feb Photo 28 – Money
Money is a great thing. If you have it.
For some people, living from paycheck to paycheck is a way of life. Many of these people don’t even care; they are just happy to be living in the moment. However some are struggling. Some people go without, simply because they cannot afford something that many people take for granted. Perhaps they go without a meal, or a night out with a loved one. Perhaps they go without a bed for the night, choosing to sleep on the streets, just so that they can have a meal for themselves, or perhaps a child.
There are people out there who, for one reason or another, enjoy flashing their money around, acting like they are bigger than they really are. These people, often do not have very high self-confidence, although they act as if they do. Often, these people will be seen at bars and clubs, buying drinks for many beautiful women, trying to see which ones will perhaps bother to speak with him, or perhaps even sleep with him. It is a sign of insecurity; trying to buy affection, approval and love, in exchange for money or gifts.
Money in itself has lost all value that it once carried. For example, money used to be made from precious metals, usually stamped with the likeness of the Leader of the City or Country, or the royal coat of arms. This is because only the royal family of the area would have money, often gifted to the noblemen of the areas for deeds done. Earlier still, currency would consist of precious stones; gems and other shiny objects.
Later, money became pieces of paper. They would consist of either words, stating that the bearer of this piece of paper was owed $100.00 worth of gold for example, and the holder could trade this paper with someone (usually a bank) for gold. After a while, specifically in the USA, the gold reserves were full, yet the people claimed they needed more money. The government decided to do away with “paper Vs. gold reserves” and simply printed more paper money, effectively devaluing all currency of America. The American money is now simply a piece of paper, stating its worth of X dollars. All of their paper currency is the same size, same colour and to a blind person, has no obvious differences from each other. Completely worthless, in my opinion, and literally, not worth the paper it is printed on!
Australian money, however, holds value. Although I still have no idea how a small piece of plastic can be worth $100, at least our gold reserves match with the physical money printed.
Out money is different sizes for different denominations, brightly coloured, has many security features, from micro-printing, clear windows, watermarks, magnetic strips and a few others. It is amongst the hardest in the world to counterfeit, The level or printing on these notes are amazing… looking under a macro lens, it is fairly easy to see how hard these would be to counterfeit, and have them still look legitimate. One more thing about our money, and I feel that this is best of all; its waterproof! I can go swimming or snorkelling with cash in my pocket, and still spend it when I get out of the water. I wouldn’t want to do that with a bank card, and certainly not with paper money.
As Australia is a country surrounded by water, full of people who love the ocean, swimming at the local pool, creek, river, or any other body of clean water that is located inland, I find it fitting that we have waterproof money.
Earlier in Australia’s history, around the early 1966, Australia first switched to decimal currency. This was a huge step for us, moving away from Pounds, Shillings, Pence and all of that, and into an age that was divisible by 10. One of the first changes to be made after the conversion however, was to our 50 cent coin. Originally it was round, as you can see in the picture below, and also made of 80% silver and 20% copper. The Mint decided firstly, to change the metal composition, as the value of Silver had changed dramatically, causing the coin to be more valuable in melted form than on its face value. It was changed to a tin/lead composite and value for money was restored, as well as a change of shape to a 12-sided dodecagon design, due to some vision impaired people complaining that it was too hard to differentiate between a 20 cent and a 50 cent piece.
The photos I have attached to this post are as follows:
Above is a photo, showing an example of the microprinting on a $20 note. The words “TWENTY DOLLARS” are repeated in the background, and are almost illegible by the naked eye.
A closeup of a ‘ONE CROWN’ coin from 1937, a semi-rare coin to commemorate the assention of King George VIII, worth 5 shillings, and made from 92.5% silver and 7.5% copper.
A cluster of round 1966 50 cent coins that I have in my possession.