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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Aug 022016
 

According to ancient Norse mythology, Loki was the god of fire, and a cunning shape shifter who appeared in the form of a seal, a salmon, a mare, and a fly, among others.

The son of the giant Farbauti and the goddess Laufey, Loki was the father of Hel, the goddess of death; Jormungand, the giant serpent; Fenrir, the wolf; and Sleipnir, the eight-legged horse that he gave to Odin.

Loki had both a positive and a negative relationship with the other gods. He was a companion of Odin and Thor, but he helped the giants, their adversaries, when it was more advantageous to him. A trickster who could be malicious and mischievous at times, Loki was often portrayed as a demon with no real loyalties due to his contradictory personality.

Loki_Norse-God

Ultimately, Loki faced punishment for his offences against the gods. He was bound to a rock by the entrails of another of his sons, while a venom dripping serpent was positioned above him. Loki’s wife, Sigyn, collected the venom in a bowl, but whenever she emptied it the continuing drips caused Loki to writhe in pain, creating earthquakes.

2016 Norse Gods – Loki 2oz Silver High Relief Antiqued Coin

The reverse of the coin depicts Loki wearing a cloak which is turning to smoke at the edges. He is accompanied by the serpent Jormungand and the wolf Fenrir. The design also includes three masks symbolising the many forms Loki took on as a shape shifter.

The final release from the popular Norse Gods series, this coin is struck from 2oz of 99.9% pure silver with a high relief, antiqued finish. Like the previous Odin and Thor coins, just 2,000 Loki coin will be released.

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Jun 072016
 

The Perth Mint has released the second of three coins dedicated to Norse Gods. Like the preceding Odin release, Thor is a rimless, high relief coin struck from 2oz of pure silver with a unique antiqued finish.

Its detailed portrayal represents the final battle between Thor and the serpent Jormungand, son of Loki.

In Norse mythology, Jormungand was banished from Asgard for threatening the Æsir gods. Flung into the ocean, Odin hoped he would die there. But Jormungand survived, and in fact grew bigger – so big that he encircled the entire world.

During the conflict between the Æsir and the ‘world serpent’, Thor went to sea in an attempt to capture Jormungand on a hook baited with the head of an ox. The monster bit and was momentarily dragged clear of the water by his rival.

Thor was accompanied in the boat by the giant Hymir. Terrified at the sight of the angry serpent, Hymir cut the line, allowing Jormungand to slide back into the depths.

The final encounter between Thor and Jormungand  took place during Ragnarok, a cataclysmic period during which the Æsir gods were fated to perish.

As Jormungand rose up in a ferocious attack, Thor fatally wounded the beast with his powerful war-hammer Mjollnir. But the telling blow was too late to save him from a spray of deadly venom. Recoiling from the lifeless serpent, the God of Thunder staggered nine paces before falling dead.

Extremely Limited Availability

Like its sold out predecessor, this coin is expected to be extremely popular. Housed in a timber display case with a stunning engraved design on the lid, no more than 2,000 Thor 2oz Silver High Relief Antiqued Coins will be released worldwide.

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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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Jan 302015
 

The Perth Mint is proud to present two important additions to The ANZAC Spirit 100th Anniversary Coin Series:

2015TheANZACSpirit_coins

Both coins commemorate the courage, endurance, mateship and sacrifice of Australian and New Zealand troops who fought alongside British, other Empire and allied forces on the Gallipoli peninsula in 1915. Further, they recognise the significance of the Gallipoli campaign as an important founding legend and as a symbol of national identity in both antipodean nations.


In late 1914, fighting on the Western Front in France had reached a stalemate. Senior British political and military figures thought that the pressure in western Europe could be eased by attacking the Central Powers, comprising Germany and her allies, Austria-Hungary and the Ottoman Empire (Turkey), in the eastern Mediterranean.

The British Admiralty decided upon a naval assault on the Turkish capital of Constantinople by a fleet of British and French ships which would force their way through the Dardanelles into the Sea of Marmora, with the aim of assisting Russia in her fight against the Turks, and to open Russia’s Black Sea ports to the Mediterranean.

After the navy was unable to breach the Turkish defence, it was decided to send infantry against the enemy’s shore batteries. A combined Allied force known as the Mediterranean Expeditionary Force was formed to launch a series of amphibious assaults on the Gallipoli peninsula. The Australian and New Zealand Army Corps (Anzacs) was ordered to land at Ari Burnu on the western side of the peninsula, while larger British and French landings were to take place further south at Cape Helles, and in a feint, on the opposite shore at Kum Kale.

Disembarking

25 April 1915: Australian troops leave a transport ship, by means of rope ladders, for the landing at Anzac Cove. Australian War Memorial – J05589

Before dawn on Saturday 25 April 1915, the Anzacs were transferred from their transports to the landing boats that would take them to the beach. Survivors remembered it was a still night, with hardly a breath of wind. To maintain the element of surprise for as long as possible, troops and sailors were ordered to remain silent as they left the transports and approached the shore.

Troops of the 2nd Brigade landing at Troops of the 2nd Brigade landing at Anzac Beach, Gallipoli. Australian War Memorial - P10140.005

Troops of the 2nd Brigade, AIF landing at Anzac Beach, Gallipoli. Australian War Memorial – P10140.005

The first boats were almost ashore when the Turks opened fire. Some men were killed before they even reached the beach. The landing had taken place further north than expected, at what would later become known as Anzac Cove, and instead of coming ashore on a gently sloping beach, the troops were confronted with steep cliffs and a warren of ridges and gullies.

AnzacCove

Anzac Beach packed with Australian soldiers and supplies with more arriving in small boats. Australian War Memorial – H03574

Despite the chaos, the Anzacs persevered under increasingly heavy fire, attempting to negotiate their way up the cliffs and onto the ridges that formed their early objectives. By nightfall they had established a precarious beachhead but had suffered the loss of more than 2,000 men killed and wounded.

PopesHill

The 3rd Australian Light Horse Brigade going into the trenches at Pope’s Hill. Australian War Memorial – P00332.001

Over the next week, fighting continued to rage. By early May a stalemate had ensued. The Anzacs could make no progress inland and the Turks could not dislodge them. An attempt to break the stalemate in August failed, and with progress proving impossible, the Anzacs were evacuated in December 1915.

By the end of the Gallipoli campaign more than 10,000 Australian and New Zealand troops had lost their lives and some 18,000 had been wounded. The bodies of many of the fallen were never found, and the hills and gullies above Anzac Cove became their final resting place.

Injured

Three Australian Army soldiers attending to a wounded comrade at Gallipoli. Australian War Memorial – H10369

Gallipoli was considered a costly military failure, but from this defeat the Anzac legend was born. The Anzacs had earned an enduring place in the Australian psyche, creating an incredible story of courage and endurance in the face of death and despair.

Gallipoli was the first major test for the newly federated Australian nation. People believed that in the Dardanelles, Australia’s soldiers laid the foundation for a lasting sense of national identity.

New Coin details

Making-of-a-nationMaking of a Nation 2015 1oz Silver Proof Coin

Struck from 1oz of 99.9% pure silver, this coin depicts Australian troops in wooden row boats approaching the Gallipoli shoreline, with its rugged terrain in the background. The design includes the inscription ‘Making of a Nation’.

No more than 7,500 of these coins will be released.

 

BaptismofFire_coin-caseBaptism of Fire 2015 2oz Gold Proof High Relief Coin

Struck from 2oz of 99.99% pure gold, this coin depicts Anzac soldiers as they battled to scale the cliffs above Anzac Cove. The design includes the inscription 1915 – BAPTISM OF FIRE.

No more than 100 of these coins will be released.

Produced in association with the Australian War Memorial

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