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.

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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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Sep 152016
 

First edition collectors will be excited by the unveiling of the 2016 Australian Kangaroo Silver Proof Coin Series featuring a number of significant ‘firsts’.

AustralianKangaroo-Silver-1-4oz

The Australian Silver Kangaroo was initially issued by The Perth Mint as an unlimited 1oz bullion coin. Unparalleled worldwide interest has resulted in more than 10 million being released to the market – putting it in the record book as the most heavily sought-after contemporary precious metal Australian coin to date.

This popularity has prompted the Mint to issue a limited number of supreme quality proof versions which are now available as a Four-Coin Set comprising 1oz, 1/2oz, 1/4oz and 1/10oz coins, as well as an individual 1/4oz coin. Collectors acquiring these releases especially enjoy the fact that:

  • each release is struck from 99.99% pure silver, the first ever proof quality ‘four nines’ standard relief coins ever issued by The Perth Mint.
  • with Stuart Devlin’s iconic ‘red kangaroo’, they are the first silver proof issues ever to feature his world-famous portrayal.
  • the Four-Coin Set includes Australia’s first numismatic issues struck in proof quality from 1/4oz and 1/10oz of pure silver.
  • the 1/4oz coin is the first Australian silver coin of this weight ever to be released by The Perth Mint.

2016-AustralianKangaroo-Silver-Set

Presented in display packaging, no more than 3,000 Four-Coin Sets and 10,000 individual 1/4oz coins will be released, each accompanied by a numbered Certificate of Authenticity.

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Apr 052016
 

This year’s Three-Coin Set from our ANZAC Spirit 100th Anniversary coin series commemorates the bravery and sacrifice of those who fought on the Western Front during WWI, where more than 46,000 Australian men and women lost their lives.

Australia’s contribution to celebrations marking Her Majesty Queen Elizabeth II’s 90th birthday includes three stunning legal tender tributes from The Perth Mint – each certain to be a sought-after numismatic souvenir of this historic occasion.

As the Queen turns 90, we’re also pleased to announce availability of an eye-catching Stamp & Coin Cover portraying Her Majesty wearing the Australian Golden Wattle brooch.

Extremely affordable, this year’s 0.5g Mini Roo coin presents the perfect opportunity for everyone to own a little gold.

Exemplifying outstanding numismatic design, the 2016 Wedge-tailed Eagle design by John Mercanti is now portrayed on special ‘high relief’ 1oz coins in pure gold and silver.

For the young at heart, the magical Disney Princess coin series now features adorable representations of Rapunzel and Tiana.

Meanwhile, make-believe never looked so beautiful than on the new Ocean Fairy coin!

Check out this month’s electronic bulletin and/or the links below for details of these and other new releases this April.

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Feb 022016
 

This exclusive coin features a true Australian icon, the kangaroo, hopping across an outback landscape.

To capture the depth and wonderful details of the design, The Perth Mint has employed two special techniques. The coin is struck with a high relief die which imparts an unusually deep impression on its extra thick blank. Subsequently, an antique finish is applied to further accentuate light and shadow within the artistry.

These processes have resulted in a unique and dramatic portrayal which exhibits unprecedented clarity and definition.

Australian Kangaroo 2016 2oz Silver High Relief Antiqued Coin

Made from 2oz of 99.9% pure silver, the extremely limited release comes in presentation packaging which displays both sides of this impressive coin. No more than 3,000 coin will be released.

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Feb 022016
 

Australian troops arrived on the Somme in mid-July 1916 and played a major role in the fighting around Pozieres and Mouquet Farm, part of the hugely costly WWI offensive that lasted until November. This month The Perth Mint pays tribute to those who fought and died in this deadly conflagration with a new addition to The ANZAC Spirit 100th Anniversary Coin Series featuring a superbly detailed representation of soldiers charging out of the trenches.

Also in the February Bulletin:

A new addition to the fascinating Australian Posters of World War I silver coin series reflects how artists of the era helped boost funds for the ongoing military effort. The War Bonds release features emotive artwork that was designed to inspire Australians back home to do their part to financially support the War.

The military theme continues with a new WWII release, this time marking the 75th anniversary of the Seige of Tobruk. Australians played a leading role in the defence of the Libyan port city through much of 1941 in the face of an enormous Axis campaign. Derided as ‘rats in a trap’, the troops nevertheless took pride in the slur by which they are famously remembered – the Rats of Tobruk.

Featuring a unique ‘antique’ finish, our latest high relief coin features a national treasure – the kangaroo. Struck from 2oz of pure silver, the detail on this stunning release includes a profusion of native flora.

In quick succession to last month’s Snugglepot & Cuddlepie silver coin, we’re also delighted to present the 100th Anniversary of the Gumnut Babies silver coin featuring another example of May Gibbs’ glorious artwork. This special coin is housed in a limited edition book featuring many of her popular stories.

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Jul 072015
 

This month the Star Trek coin program celebrates the 24th century adventures of Deep Space Nine. Fans will be delighted at the designs of the two silver proof coins featuring Captain Benjamin Sisko and the Deep Space 9 space station.

Stunning new silver releases reflect worldwide interest in the 150th anniversary of Lewis Carroll’s timeless classic, Alice’s Adventures in Wonderland. The superb issues include a 2oz antiqued release featuring an embedded clock!

Outstanding high relief coins come aplenty with 2015 additions to the gold and silver Wedge-tailed Eagle series and the iconic Australian Kangaroo.

More famous native animals – a kookaburra, kangaroo and koala – are portrayed in colour on this year’s Australian Outback 1/2oz silver coin collection.

An addition to Sunburnt Country, another coloured Australian series, symbolises the Great Barrier Reef with the inscription “I love her jewel sea” from Dorothy Mackellar’s beloved poem, My Country.

July also marks the release of the fifth coins from the popular Disney Princess series. This month it’s the turn of Jasmine, the star of Alladin.

Finally, the 2015 0.5g gold Mini Koala makes an adorable gift or personal keepsake.

Links

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