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As of 2020, bullion coins are currently released in 1 kg and 1 oz sizes and the numismatic coinage is minted in 5 oz and 1 oz sizes, with other sizes released occasionally. The coins were .999 fine silver until the 2018 edition, which increased in purity to .9999 silver. Perth Mint originally had no caps on the amount of one-ounce coins ...
[1] Under United Kingdom law, a coin is considered to be an investment coin, and hence transactions in it are not subject to value-added tax (VAT), if it is minted after 1800, and at least 900 thousandths fine, and has been legal tender in its country of origin; or if it is on a list of coins deemed to be investment coins. [2]
No proof coins were minted between 2006 and 2011; however, there was a 1-ounce silver proof Kookaburra colored coin struck in 2012 for the Discover Australia coin series. [4] Since 2012, the proof coin has been struck in high relief only. Special editions such as privy marked, colored and gilded are often available. [5]
Unlike the Australian silver koala and silver kookaburra coins, the reverse image does not change every year. The obverse image on the RAM silver coin does change every year. The mintage every year is unlimited, unlike the koala and kookaburra coins which have a maximum mintage of 300,000 and 500,000 respectively. [1] No special editions or ...
A new coining press from Germany, the Grabener 1000 press, was installed on March 1, 2010, at the Philadelphia Mint for use in producing the America the Beautiful Silver Bullion Coins. The press provides up to 1,000 metric tons (1,100 short tons ) of pressure for each strike and can produce in excess of 1 million coins per year.
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