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The Royal Australian Mint is the national mint of Australia, and the primary production facility for the country’s circulating coins. The mint is a Commonwealth Government entity operating within the portfolio of the Treasury , and is situated in the Australian capital city of Canberra , in the suburb of Deakin .
Australia's first official mint was in Sydney, founded in 1855. It produced gold coins with an original design between 1855 and 1870, with "Sydney Mint, Australia, One Sovereign" on one side and Queen Victoria on the other, or "Sydney Mint, Australia, Half Sovereign", before starting in 1870 to mint gold coins of British design.
Pre-decimal Australian coins arose when the Federation of Australia gave the constitutional power to Commonwealth of Australia to mint its own coinage in 1901. The new power allowed the Commonwealth to issue legal tender rather than individually through the six former British self-governing colonies of Queensland , New South Wales , Victoria ...
The Royal Australian Mint regularly releases collectable coins, one of the most famous of which is the 1980–1994 gold two-hundred-dollar coin series. [7] Australian collectable coins are all legal tender [ 8 ] and can be used directly as currency or converted to "normal" coinage at a bank.
Perth Mint, Australia. Today the United States Mint is largest mint manufacturer in the world, operating across six sites and producing as many as 28 billion coins in a single year. [2] Its largest site is the Philadelphia Mint which covers 650,000 square feet [3] (6 hectares) and can produce 32 million coins per day. [4]
The Silver Kookaburra is a silver bullion coin originating from Australia, and produced at the Perth Mint starting in 1990. The coins were .999 fine silver until the 2018 edition, which increased in purity to .9999 silver.
The Australian threepence (pron. "thrippence"), commonly referred to as the "threepenny bit", is a small silver coin used in the Commonwealth of Australia prior to decimalisation. It was minted from 1910 until 1964, excluding 1913, 1929–1933 inclusive, 1937, 1945 and 1946.
The Australian florin was a coin used in the Commonwealth of Australia before decimalisation in 1966. The florin was worth two shillings (24 pence , or one-tenth of a pound ). The denomination was first minted in 1910 to the same size and weight as the British florin .