Nov 162016
 

Welcome to new collectors who might be wondering about coin mintages and are stumped by some of the language associated with the topic. For example, if you’ve pondered ‘maximum mintage’, ‘declared mintage’, and ‘issue limit’, this article is here to help.

Mints keep historical records of how many coins they strike and issue. The total number for each coin is known as the mintage.

Thanks to mintage records at The Perth Mint, for instance, we know that we issued precisely 4,096,771 gold sovereigns 100 years ago in 1916.

Mintage figures are valuable to collectors because they provide guidance about ‘rarity’.

Maximum Mintage

Today, the vast majority of our modern collectables are issued with a specific mintage limit. Take the Australian Kangaroo 2016 1oz Silver Proof High Relief Coin – it has a maximum mintage of 20,000.

This means The Perth Mint will issue up to 20,000 of these coin as Australian legal tender.

2016-australiankangaroo-1oz-silver-proof-highreliefSay we receive orders over the next few months for the maximum mintage, production will cease immediately and we’ll announce the coin as ‘sold out’. Collectors can be 100% certain that we’ll never make any more.

Declared Mintage

But what happens if the maximum mintage is not taken up by collectors? Obviously it does not make sense for any Mint to keep making a coin if the mintage is unlikely to be sold out.

If after a reasonable period of time we judge the market no longer has any interest in the coin, or for some other reason it is no longer viable, we close-off production and declare the mintage.

A declared mintage is the final number that will ever be made available for sale, even though the declared figure falls short of the original maximum mintage stated by the Mint.

In this way, some declared coins end up being much rarer than their original mintage limits would indicate. To find examples of this, visit the Numismatic Mintages page on our website.

Issue Limit

Even though the Australian Kangaroo 2016 1oz Silver Proof High Relief Coin has a maximum mintage of 20,000, you may have spotted that it has an advertised issue limit of 18,000.

Issue limits refer to the format in which the coin is packaged. In this instance, up to 18,000 coins are being offered in individual coin cases. As a result, 2,000 coins remain available within the maximum mintage for sale in a distinctively different format.

This year, 1,000 of these coins are being made available in a spectacular Three-Coin Collection which also includes 1,000 each of our 2016 Kookaburra and Koala silver proof high relief coins.

2016hrproofsilverset_red-dirt

Released earlier this month, the 2016 Australian High Relief Silver Proof 2016 Three-Coin Collection is accompanied by a numbered Certificate of Authenticity stating the maximum mintage of each coin – as well as its own specific issue limit of 1,000.

If collectors buy 1,000, we will announce the issue limit as sold out. If the market only requires 500, we will declare that number as the total ever issued.

Mintage Policy

You can read more about Perth Mint definitions, including ‘unlimited mintage’ and ‘mint-to-order’ in our formal Mintage Policy.

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Nov 112016
 

To honour those who have died as a consequence of war, Australians are encouraged to observe one minute’s silence as the clock strikes the 11th hour on the 11th day of the 11th month – the moment the guns fells silent on the Western Front in 1918.

The observance takes place in other Allied countries, including New Zealand, Canada, South Africa and the United States. But how did the tradition originate?

Edward George Honey has been credited as the first person to suggest a period of silence in which to remember the fallen.

Born in St Kilda, Melbourne, Honey was an Australian journalist who worked in Fleet Street after World War I. In May 1919, he wrote to the London Evening News appealing for a five-minute silence to mark the first anniversary of the Armistice.

A few months later, Sir James Percy FitzPatrick suggested to the British Cabinet a complete suspension of normal activity for two minutes during which everyone could focus on reverent remembrance.

King George V responded to Sir James’ call by asking countries of the British Empire “to stand still in solemn remembrance of the dead, who died that the world might be free.”

Armistice Day was renamed Remembrance Day in 1946 to commemorate those who were killed in both World Wars. The custom of a short silence remains integral to Remembrance Day ceremonies throughout the Commonwealth, and in Australia on ANZAC Day.

Honey is recognized in Australia as the originator of the idea on a memorial plaque in central Melbourne, which records “Edward George Honey… A Melbourne journalist who, while living in London, first suggested the solemn ceremony of silence, now observed in all British countries in remembrance of those who died in war”.

Australian-War-Memorial-logoThe Australian War Memorial logo is a registered trademark of the
Australian War Memorial TM & © 2016

The emblem and logo of the Returned & Services League of Australia Limited (RSL) are owned by the RSL and may only be used with the written consent of the RSL.

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Nov 012016
 

At 11am on 11 November we will observe a minute silence to reflect on the sacrifice of those who have died for Australia in wars and conflicts. The timing coincides with the cessation of hostilities on the Western Front in 1918.

This month, we’re offering you a chance to win The ANZAC Spirit 100th Anniversary Coin Series 2014 1/2oz Silver Proof Three-Coin Set which commemorates Australia’s entry into the First World War. Try solving our latest anagram for your chance to win this remarkable set of coins which was developed in conjunction with the Australian War Memorial.

anzacspirit_anagram-remembrance

Anagram Clue: Peace settlement following World War I

votessafeartillery

How to enter: Email your answer to anagram@perthmint.com.au marking your reply ‘November 2016 Anagram Competition’ in the subject line. Please include your name, address and telephone number. Entries close on 28 November 2016. Eligible entrants will be included in the free draw and the winner will be notified by telephone or email. Terms and conditions.

See us on Facebook and Twitter for notification of anagrams and other great coin competitions.

Facebook Twitter

Last month’s winner: Congratulations Sacha Pech of SA for the correct answer of All Saints Eve.

Australian-War-Memorial-logoThe Australian War Memorial logo is a registered trademark of the
Australian War Memorial TM & © 2016

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Nov 012016
 

This November marks the release of some important coins for dedicated collectors of our iconic Australian programs.

Celebrating the Year of the Rooster, the Australian Lunar Coin Series reaches new heights with the release of the 2017 1oz Silver Proof High Relief Coin.

Also available this month is the 1oz Silver Gilded Coin featuring a rooster superbly coated in pure gold.

Two outstanding versions of the 2016 Australian Kangaroo in the shape of the 2oz High Relief Gold Proof Coin and the 5oz High Relief Silver Proof Coin make their spectacular debuts.

And in one of the highlights of the year, the 2016 Australian High Relief Silver Proof Three-Coin Collection is finally here!

Meanwhile, for gift buyers with newborns in mind, the Baby Rooster 1/2oz Silver Proof Coin is a gorgeous memento.

The final Cubs 1/2oz Silver Proof Coin coin portrays a cute image of lynx kittens.

The latest Australian Citizenship $1 Coin in Card is a great gift for everyone becoming a true Aussie in 2017.

Finally, with Christmas catching up with us all once again, the Three Wise Men Stamp & Coin Cover certainly catches the spirit.

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Oct 312016
 

Perth’s most exclusive gift buying destination is opening late for a sumptuous night of Christmas shopping and magical family attractions on Friday 11 November.

jewellery-customerRenowned worldwide for its vast selection of superb gold, silver and platinum coins, The Perth Mint is also the State’s leading destination for exclusive jewellery showcasing stunning Australian pearls, opals and fancy coloured diamonds, as well as a wide range of unique gifts for all budgets.

With special discounts on the night, plus the chance to win a $500 gift voucher, The Perth Mint Shop offers a treasure trove of glittering possibilities. But it’s not the only reason to attend this wonderful evening event.

CEO to ‘light up the night

Perth Mint CEO Richard Hayes will be switching on a dazzling display of decorative fairy lights festooning our giant forecourt Christmas tree. With the gatehouse and perimeter fence similarly illuminated with festive bulbs, the display promises to light up the night in spectacular fashion!

Free gold pouring demonstrations

perth-mint-gold-pour2The old melting house will be a ‘hot’ destination for visitors wishing to witness the spectacle of a free gold pouring demonstration. Because these extraordinary displays are bound to be popular, bookings are essential for this part of the evening’s entertainment as places are limited.

Fun for kids

From fairies to superheroes or any Christmas attire, kids are encouraged to dress up in their favourite costumes for the chance to win prizes. With Santa rumoured to be making a surprise appearance some time during the evening, they’re sure to be richly rewarded!

Make a date in your diary

With food and drinks available for purchase and the chance to browse a gorgeous range of gifts, The Perth Mint’s inaugural Christmas shopping event promises to be a delightful evening for the whole family.

Make a date in your diary now to get Christmas off to a flying start at our heritage premises located at 310 Hay Street, East Perth, on Friday 11 November. Gates open between 5.30pm and 8.00pm with the Christmas tree light up at 7.15pm. Entry is free.


The Christmas 2016 1oz Star Shaped Silver Proof Coin doubles as a beautiful hanging decoration.
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