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Perth Mint And The Royal Australian Mint

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Demarco Bishopp's Avatar
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 Posted 04/14/2013  09:15 am Show Profile   Bookmark this topic Add Demarco Bishopp to your friends list Get a Link to this Message Number of Subscribers
Are they both official Australian mints? Do they both create currency for Australia? Please explain the difference
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FNQ's Avatar
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 Posted 04/14/2013  09:46 am  Show Profile   Bookmark this reply Add FNQ to your friends list Get a Link to this Reply
This topic comes up many times...

The Royal Australian Mint (RAM) is considered the "official" mint in respect that it mints circulating coinage in addition to NCLT - in effect a 'federal' mint (think P or D mintmarks in a US context).

The Perth Mint is a private mint owned by the WA government (think State mint), authorised under the Gold Corporation Act to release "coins" with official Australian "legal tender" status (for US context, consider an S or W mintmark). It once used to supplement official circulating coinage, but this has long since ceased, and now solely operates to produce non-circulating value added products.
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 Posted 04/14/2013  09:52 am  Show Profile   Bookmark this reply Add Demarco Bishopp to your friends list Get a Link to this Reply
So Perth does the bullion issues and the RAM does the normal currency?
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 Posted 04/14/2013  11:36 am  Show Profile   Bookmark this reply Add FNQ to your friends list Get a Link to this Reply
Both do bullion+ issues in competition to each other, with the Perth Mint offering additional options in regard to bullion or bullion+, but since the days of copper coinage, only the RAM does normal circulation coinage or derivatives.
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