Does Modern Australian Commemorative Coins Are Legal Tender?

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Author	Replies: 5 / Views: 2,503
romekd New Member Poland 37 Posts	Posted 09/16/2008 11:33 am Does modern Australian commemorative coins issued by Royal Australian Mint and Perth Mint are legal tender? If yes, where I can find public law acts? Report this Post to the Staff

gxseries Pillar of the Community Australia 3831 Posts	Posted 09/16/2008 1:04 pm Yes, all commemorative coins are legal tender although you would be very crazy to use them for circulation. Information from the Royal Australian mint, question 11: http://www.ramint.gov.au/about_ram/...page=faq.cfm Perth Mint has its contract with the Australian government: http://www.perthmint.com.au/minting...n-coins.aspx My partial coin collection http://www.omnicoin.com/collection/gxseries My numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htm Regularly updated at least once a month. Report this Post to the Staff
Peter THOMAS Pillar of the Community Australia 2830 Posts	Posted 09/16/2008 5:12 pm G'day, nearly every year, there are one or more circulating commemorative Australian coins. For example: 2008 $1 - Centenary of Boy Scouts 2007 $1 - APEC 2005 $1, 50c, & 20c - 60th Anniversary end of WW2 All the other guff made by RAM, Perth Mint, etc, is "Non-circulating Legal Tender": shiny metal, to separate the gullible from their money. Australian coins & notes are governed by the CURRENCY ACT 1965: http://www.austlii.edu.au/au/legis/...t/ca1965120/ Peter Report this Post to the Staff
Bigfella Pillar of the Community Australia 853 Posts	Posted 09/16/2008 9:53 pm To add to this when a new coin with a non standard design or denomination is minted (ie NCLT) a schedule is also put out under the currancy act as well to make these legal tender. Normally there are about 4 to 5 a year to cater for both mints. Report this Post to the Staff
PiVi1962 New Member Italy 19 Posts	Posted 09/17/2008 08:54 am Here http://www.comlaw.gov.au/ComLaw/leg...mpilation-Cu you can browse the "Currency determinations" that define legal tender in Australia. Report this Post to the Staff
muckeye Rest in Peace Australia 661 Posts	Posted 09/18/2008 06:36 am I'm glad somebody understood the first question. regards, Report this Post to the Staff
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All Forums Category: Australia, New Zealand, and South Pacific (Oceania) Coins and Currency Forums Forum: Commemoratives and Non-Circulating Coinage (NCLT): Australia, New Zealand, & South Pacific (Oceania)

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