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Ram 2021-22 Annual Report

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Pillar of the Community

Australia
1364 Posts
 Posted 10/25/2022  7:18 pm Show Profile   Bookmark this topic Add coaster to your friends list Get a Link to this Message Number of Subscribers
For those that are interested, the Royal Australian Mint's Annual Report is now available for viewing https://www.ramint.gov.au/sites/def..._digital.pdf

Of particular interest is the low number of 2021 MOR $1 coins that were released ... only 24,000 which gives a total of 124,000 so far!

Ram-2021-22-Annual-Report
Edited by coaster
10/25/2022 7:53 pm
Pillar of the Community
redlock's Avatar
Germany
992 Posts
 Posted 10/26/2022  01:20 am  Show Profile   Bookmark this reply Add redlock to your friends list Get a Link to this Reply

Quote:
Of particular interest is the low number of 2021 MOR $1 coins that were released ... only 24,000 which gives a total of 124,000 so far!


That will be a tough and/or expensive get...
Bedrock of the Community
sel_69l's Avatar
Australia
21786 Posts
 Posted 10/26/2022  02:52 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
I note that only one thousand 2022 MOR Al br $1 coins have been minted so far.
No doubt many more will be struck in the latter half of 2022, which will also include many more $1 MOR coins dated 2021.

Final numbers for the $1 MOR coins dated 2021 should be known by this time next year, in the Mint Report for 2022-23. It will be very likely to be much more than the 124,000 so far struck.
Sorry, we will have to wait for another 12 months for this info.
If the retail banks do not have much need for them, they may not be released into circulation until sometime in 2023 or 2024.

It will be interesting to see what effect that the changeover to Charles 111 effigy will have to date / effigy combinations mintage numbers. Final answer to questions on this subject will not be known until the Mint Report for 2023-24 is released.
Pillar of the Community
Australia
1364 Posts
 Posted 10/26/2022  09:54 am  Show Profile   Bookmark this reply Add coaster to your friends list Get a Link to this Reply

Quote:
Sorry, we will have to wait for another 12 months for this info

... or maybe even longer!

Starting on page 35, this year's report shows amendments to their mintage numbers going back as far as their 2017-18 Report. https://www.ramint.gov.au/sites/def..._digital.pdf

It also shows (p.37) that, after amendment, the 2021 standard $1 coin is now at 1.6 M (0.136 + 0.024).

Ram-2021-22-Annual-Report


Pillar of the Community
redlock's Avatar
Germany
992 Posts
 Posted 10/26/2022  1:06 pm  Show Profile   Bookmark this reply Add redlock to your friends list Get a Link to this Reply

Quote:
It also shows (p.37) that, after amendment, the 2021 standard $1 coin is now at 1.6 M (0.136 + 0.024).


Damn, I had totally overlooked ''Table 4.''
Why? Because I had just looked at the special mintage report, not the entire report. Lesson learnt.
Pillar of the Community
MachinMachinMan's Avatar
Australia
1985 Posts
 Posted 10/27/2022  04:13 am  Show Profile   Bookmark this reply Add MachinMachinMan to your friends list Get a Link to this Reply
So does that mean all mintage figures in the last 4 annual reports were a load of rubbish?


Quote:
after amendment, the 2021 standard $1 coin is now at 1.6 M (0.136 + 0.024).


coaster, doesn't that sum come to 160,000 not 1.6 M?
Pillar of the Community
Australia
1364 Posts
 Posted 10/27/2022  05:42 am  Show Profile   Bookmark this reply Add coaster to your friends list Get a Link to this Reply

Quote:
coaster, doesn't that sum come to 160,000 not 1.6 M?

Yes, my bad ... should have read 0.16 M.
Pillar of the Community
Basil's Avatar
Australia
1039 Posts
 Posted 10/27/2022  06:33 am  Show Profile   Bookmark this reply Add Basil to your friends list Get a Link to this Reply

Quote:
So does that mean all mintage figures in the last 4 annual reports were a load of rubbish?


Lets go back to the last 104,Mintage figures were mostly guesstimates although you would think they would be more accurate in the computer age.
Valued Member
squaremealroundplate's Avatar
Australia
185 Posts
 Posted 10/28/2022  06:25 am  Show Profile   Bookmark this reply Add squaremealroundplate to your friends list Get a Link to this Reply

what a complete shambles the RAM's Annual Report and the mintage figures update.

ok, then - what is the REAL final mintage figure for the 2018 50c ? 3.747m or 1.683m

Basil the RAM appears to be right up on the pace with modern technology : their Astor Black and White TV with the Test Pattern is still keeping them intellectually entertained.



Pillar of the Community
Australia
1364 Posts
 Posted 10/28/2022  07:36 am  Show Profile   Bookmark this reply Add coaster to your friends list Get a Link to this Reply

Quote:
... what is the REAL final mintage figure for the 2018 50c ? 3.747m or 1.683m

Unless I'm missing something, I get a total of 6.42M.

2017/18 - 3.4224M revised to 3.747M
2018/19 - 0.1620M revised to 1.683M
2019/20 - none released
2020/21 - a further 0.990M released with no revision (yet!)

3.747 + 1.683 + 0.990 = 6.420M
Pillar of the Community
Basil's Avatar
Australia
1039 Posts
 Posted 10/28/2022  7:10 pm  Show Profile   Bookmark this reply Add Basil to your friends list Get a Link to this Reply

Quote:
Basil the RAM appears to be right up on the pace with modern technology : their Astor Black and White TV with the Test Pattern is still keeping them intellectually entertained.


Yes,they have a poor reputation amongst pro. dealers for accurate figures although the new breed over the last 20-30 years don't seem to care..

I've posted before,family friend was a coin/stamp dealer for over 30 years and didn't take too much notice of RAM mintage figures.

His pet peeve was the mintage figures for the 1925 penny,during the 1960's ,when his shop was in full swing , he had shoe boxes full of them.
He said the 25 was a low mintage compared to the millions of other dates but 117,000 was ridiculous,actual mintage would be several times that.

David Briggs stated the 1925 were minted in Melb. only in the leadup to Xmas. 25/26.
Bill Mullett,who worked for the Mint said they were minted in 1926
only,they both may be correct.
Edited by Basil
10/28/2022 7:11 pm
Bedrock of the Community
sel_69l's Avatar
Australia
21786 Posts
 Posted 10/29/2022  12:25 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Based on the above discussion,
I have no doubt that the RAM will continue to strike coins of all denominations with the Elizabeth 11 JC effigy for at least two years after her death.
So long as they have unused working dies with her effigy, they will continue to use them until they are worn out.
Valued Member
OzLeigh's Avatar
Australia
215 Posts
 Posted 10/29/2022  01:53 am  Show Profile   Bookmark this reply Add OzLeigh to your friends list Get a Link to this Reply
Where is the "mint sport" section of this report?
Pillar of the Community
MachinMachinMan's Avatar
Australia
1985 Posts
 Posted 11/13/2022  02:43 am  Show Profile   Bookmark this reply Add MachinMachinMan to your friends list Get a Link to this Reply
I notice the RAM haven't got around to updating the mintage figures on their website. I guess the lunch lady has other jobs to finish before she gets around to that one.
Valued Member
squaremealroundplate's Avatar
Australia
185 Posts
 Posted 11/13/2022  05:00 am  Show Profile   Bookmark this reply Add squaremealroundplate to your friends list Get a Link to this Reply

MMM yes, good one, the lunch lady.

Anyway, I think the mintage figure for the 2019 IRB 5c has been been mixed up with the mintage figure for the 2019 JC 5c. There are plenty of 2019 JC 5c around but very very few 2019 IRB 5c. Same with the 2019 IRB 50c - hard to come by, for me at least.

It's getting very disappointing to realise that an important agency like the RAM might be run by failed vaudevillians.



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