Australian Coins from the Perth Mint

Established on June 20, 1899, the Perth Mint is Australia’s national bullion mint. The Government of Western Australia exclusively owns it. After the now-defunct Sydney Mint and Melbourne Mint, Perth Mint was the third and last of three Australian colonial divisions of the United Kingdom’s Royal Mint. It was established to refine gold from the gold rushes, and mint gold sovereigns, and half-sovereigns for the British Empire.

The Perth Mint, like the Royal Australian Mint, makes Australian silver and gold coins and coins of the Australian dollar for circulation. It is the oldest of Australia’s two mints that manufactures legal tender coins. This Australian coin guide will discuss interesting facts about gold and silver bullion Australia coins and their associated facts.

History of Australian Coins

The Royal Australian Mint in Canberra was officially founded on February 22, 1965. Australian silver coins for sale were also produced in this mint.

Before 1966, Australia used pounds, shillings, and pence based on the British currency. Australia switched to the modern system of dollars and cents on February 14, 1966. When the Mint officially opened, the priority was manufacturing new Australian coins.

The Mint can manufacture two million coins daily and has produced approximately 14 billion since 1966.

The Mint produces coins not only for Australia but also for other nations, as well as medals, medallions, tokens, and commemorative coins. This article will also discuss the Australian gold coin price guide.

Australian coin collectors value guide with fast facts

• A stairway at the Royal Australian Mint is made with five-cent coins. It has a fantastic design.
• One can go to the mint and watch the production of coins. Additionally, anyone can create a coin to take home.
• The Mint doesn’t produce Australian banknotes. Instead, Printing Australia, a facility located in Victoria, prints all of the notes.
• Milled coins are Australian coins with a rough edge.
• The five-cent coin is the lightest, and the fifty-cent is the heaviest.
• The fifty-cent coin was rounded up until 1969. It now has twelve sides.
• Neither the gold nor the silver coins are made of those metals. Instead, copper, aluminum, and nickel are used to make gold coins, while copper and nickel are used to make Australian silver coins. This is simply because these metals are less expensive than gold or silver.
• The size of a coin cannot be used to estimate the worth of Australian silver coins for sale. For example, even though the two-dollar coin is smaller than the one-dollar, fifty-cent, and ten-cent coins when all of its values are put up, it is worth more than all of them separately!

The First Australian Coins

Australian silver coins have two sides: a “heads” side and a “tails” side, which are often referred to as the “obverse” and “reverse,” respectively.

The monarch is always engraved on the coin’s head (obverse) side. The term “Australia” and the year the coin was created are also printed on this side.

Conclusion

This Australian coin collectors’ value guide eases your coin-buying process. This Australian coin information will help coin collectors decide when purchasing Australian silver coins for sale. BOLD Precious Metals is a licensed reseller of Australian silver and gold coins. Their website has a wide selection of Australian silver coins for sale at the lowest prices online. The website also provides an accurate price guide on Australian silver coins and gold coins with relevant item certification to ensure reliability and worth.