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Coin taken direct from a sealed coin roll. Coin showing imperfections so listed as almost uncirculated. The coin has not been into general circulation.

The introduction of the two-dollar coin was part of Australia's decimal currency changeover, which occurred in 1966. The switch to decimal currency was primarily driven by the need for simplified arithmetic in financial transactions. The old pound, shilling, and pence system was cumbersome, making calculations difficult. Decimalization was seen as a way to save time and effort in calculations, especially in industry, commerce, and schools.

Problem with the old currency:

Australia's previous currency, the British pound, was divided into 20 shillings, each with 12 pence. This made calculations, especially for large sums, complex and time-consuming. 

Benefits of decimalization:

The new decimal system, with the dollar and cent, simplified calculations. It was also seen as a way to improve national productivity and reduce costs. 

Changeover:

The changeover to decimal currency was a planned event, with a transition period during which both old and new currencies were legal tender. 

Two-dollar coin:

The two-dollar coin was introduced as part of the new decimal currency system and replaced the two-dollar note. It was designed to be a convenient coin for larger transactions. 

In essence, the two-dollar coin was introduced as part of a wider effort to modernize Australia's currency system, making it simpler and more efficient for everyday use.