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Australia's Two Mints

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toast's Avatar
Australia
1091 Posts
 Posted 06/02/2007  8:21 pm Show Profile   Bookmark this topic Add toast to your friends list Get a Link to this Message Number of Subscribers
I'm posting this in hope that this thread will help the non Australian collector to understand the differences in the two Australian Mints.


There are two Australian mints that produce 'legal tender coins'.

The Royal Australian Mint in Canberra produces ALL our circulation coinage and a large range of non-circulating legal tender coinage for collectors. They publish an annual report in which the mintage figures can be gleaned. They will often announce a mintage limit and often the actual number minted is less. They do stop selling these after a short time, usually within a year. This Mint also has a 'portable press' that they take to four coins shows a year and stamp a mintmark on the coin. Most Australian collectors tend to favour collecting the RAM coinage as the mintage figures show over the years.


The Perth Mint produces Bullion coinage and another large range of non- circulating legal tender for collectors. I am unsure how the mintage figures are gathered from this mint. If you look in Macca's guide you will find many issues have the 'limit' published without the actual mintage. But when the Perth Mint make 10,000 coins they tend to keep selling them on their web site for some years afterward until they finally sell out. The effect of this is the price of their new release coins stay at issue price or fall over the short term if some are still available at the Mint. The Perth Mint do make some beautiful coins with fancier designs like moving pictures, colour photographs, etc.

Both Mints produce enough variety of coinage to bust the modest collectors budget and therefore few Australian collectors can afford to collect them all.

As always, Collect what you enjoy collecting.
Rest in Peace
Gary Burke's Avatar
United States
3730 Posts
 Posted 06/04/2007  03:13 am  Show Profile   Bookmark this reply Add Gary Burke to your friends list Get a Link to this Reply
Thanks toast.

I think I understood the basics, but the information helped, and was interesting.
Pillar of the Community
Australia
3831 Posts
 Posted 06/04/2007  03:57 am  Show Profile   Bookmark this reply Add gxseries to your friends list Get a Link to this Reply
Toast, there is one question I would like to ask, that is who owns the mint? I kinda of remember that the Perth Mint is wholely owned by the Western Australian Government but how about the Royal Australian Mint?
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toast's Avatar
Australia
1091 Posts
 Posted 06/04/2007  04:34 am  Show Profile   Bookmark this reply Add toast to your friends list Get a Link to this Reply
"The Royal Australian Mint is a Division of the Commonwealth Department of the Treasury with responsibility for producing circulating and numismatic coins for Australia." The Department of Treasury is a Federal Government body.

The Perth Mint was owned by the British Government until 1970 when control was passed over to the Western Australian Government (which is a State body) who now own it.

Western Ausralian government created "Gold Corporation" in 1987 to take over the operations of the Mint and launch Australia's official legal tender Bullion Coin program.
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EgCollector's Avatar
Egypt
3470 Posts
 Posted 06/04/2007  2:04 pm  Show Profile   Bookmark this reply Add EgCollector to your friends list Get a Link to this Reply
Thanks toast for the info
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Brissyboy's Avatar
Australia
335 Posts
 Posted 06/10/2007  12:49 pm  Show Profile   Bookmark this reply Add Brissyboy to your friends list Get a Link to this Reply
The last circulating coin struck by the Perth Mint was the 2 cents dated 1983.

Prior to 1970 as Toast has said, The Perth Mint was the Perth Branch of The Royal Mint and struck bronze circulating coinage both pre-decimal and decimal and earlier on sovereigns and halves. Another Branch of The Royal Mint in Sydney closed in the 1920s.

Our other Mint now closed but which did produce some of our decimal bronze coinage was the Melbourne Branch of The Royal Mint which struck 2 cent coins in 1966 and 1 cent coins in 1966, 67 and 68 before it was closed.

The Royal Australian Mint in Canberra was opened in 1965 to produce our decimals for the changeover in 1966.

Other Mints to strike Australian decimal circulating coinage have been The Royal Mint (Tower Hill, London) 5c, 10c and 20c dated 1966, The Royal Mint (Llantrisant, Wales) 1c, 2c, 5c, 10c, 20c & 50c dated 1981 and the Royal Canadian Mint (Winnipeg Branch) 5c and 20c dated 1981.

The only other Australian legal tender decimal coinage not struck by any of the above Mints was a small number of the 1982 Commonwealth Games $10 silver proof coins by a private firm in Melbourne, Stokes. The RAM could not produce all 1981-82 coinage due to a strike at the Mint in 1981.

It all makes for interesting decimal collecting.

The RAM and Perth Mint both strike coins for other countries too.

Wayne
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