Australia is fortunate to have two Mints both of world
standard
The Royal Australian mint in Canberra for circulation
coinage and The Perth mint in Western Australia for silver and gold bullion
coins.
The Royal Australian mint has produced Australia Coinage
since 1965 when the country changed to decimal currency.
Our silver coinage dates to Post and pre 1946 .silver coins
made before 1946 had 92.5% silver and after 1946 the silver content was only
50% silver.world wars did effect silver content of coinage
Our system of coinage was similar to England a s we were a
colony and used three pence ,six,pence ,shilling, florin, half crown, one
penny, half penny and the popular gold sovereign coin
Australian bank notes now are made from Polymer with high
security features and the old pound notes have had huge increases in process
over the last 10 years.
Coin dealers do prefer the mint uncirculated condition
coinage but one penny 1939 and Holly dollar are top mint coins.
Perth Mint is at full production of 3 shifts 24 hours per
day, 7 days per week to try and keep up with demand for silver and gold coins.
Silver one ounce and silver one kilo bullion coins are in
high demand especially from European buyers
A new huge 1,000 tonne automatic press is now operating at
The Mint . so that the mint can keep up production to meet insatiable demand
for gold and silver coins.
Gold coins are still being manufactured but Mint is
concentrating on silver one kilo coins for the foreseeable future.
Popular series are Koala and kookaburra one ounce coins that
are 99 .9 purer silver and collected all over the world.
