Bullion_Heir2008 Posted January 4, 2008 Report Share Posted January 4, 2008 Have you ever wished you could just mint your own coinage? Well, now you can at the Canberra Branch of the Royal Australian Mint! They have a special coin press, which works on demand, to mint you your very own $1 commemorative coin. The coin, designed by Vladimir Gottwald, is made from 9 grams of an aluminum bronze alloy on a planchet that is 25 mm in diameter after striking. Having the ability to mint your own coinage has a price, however. It will cost you $2.50 to make the machine to strike your personally minted coin, which has a face value of only $1. But the coin is legal tender, so if you ever get broke, you could go out and spend it! A Valuable Collectible - Before you spend it, though, check with a coin dealer, because a few years from now this beautiful commemorative coin might be worth more than you paid for it. zSB(3,3)Especially if you keep it with its own special folder, which is only available through the striking-on-demand machine. In addition, the coin bears a unique mint mark to distinguish it from the run of the mill circulation type coins. 50 Years of Australian Television - The coins minted by this machine have had various reverse designs, including the 2006 design shown in the photo. This design commemorates 50 years of Australian Television, and features a boxy, 1950's era television camera next to a broadcast tower sending out its signals. Queen Elizabeth II graces the obverse. Link to comment Share on other sites More sharing options...
Johnny 1989 Posted January 4, 2008 Report Share Posted January 4, 2008 Have you ever wished you could just mint your own coinage? Well, now you can at the Canberra Branch of the Royal Australian Mint! They have a special coin press, which works on demand, to mint you your very own $1 commemorative coin. The coin, designed by Vladimir Gottwald, is made from 9 grams of an aluminum bronze alloy on a planchet that is 25 mm in diameter after striking. Having the ability to mint your own coinage has a price, however. It will cost you $2.50 to make the machine to strike your personally minted coin, which has a face value of only $1. But the coin is legal tender, so if you ever get broke, you could go out and spend it! A Valuable Collectible - Before you spend it, though, check with a coin dealer, because a few years from now this beautiful commemorative coin might be worth more than you paid for it. zSB(3,3)Especially if you keep it with its own special folder, which is only available through the striking-on-demand machine. In addition, the coin bears a unique mint mark to distinguish it from the run of the mill circulation type coins. 50 Years of Australian Television - The coins minted by this machine have had various reverse designs, including the 2006 design shown in the photo. This design commemorates 50 years of Australian Television, and features a boxy, 1950's era television camera next to a broadcast tower sending out its signals. Queen Elizabeth II graces the obverse. Interesting idea, any links to this at all? Link to comment Share on other sites More sharing options...
whohah Posted January 5, 2008 Report Share Posted January 5, 2008 Interesting idea, any links to this at all? Try this: http://www.ramint.gov.au/press_releases/default.cfm it should take you to the press release with downloads providing pics of the coin and sales pack. Jay, no longer in Garrison Link to comment Share on other sites More sharing options...
gxseries Posted January 5, 2008 Report Share Posted January 5, 2008 It's not really "striking" your own coin. You don't get to use a hammer and whack the die etc. All you get to do is to press a button which in my opinion is quite boring although I have a few of them. There are two types out there, one of them is a countermark for already struck coins for portable presses and the one in Canberra uses dies to strike the coins. Link to comment Share on other sites More sharing options...
Topher Posted January 5, 2008 Report Share Posted January 5, 2008 It used to only cost $2 to make the $1 coin. I did that back when I lived in Sydney, only that coin has tarnished horribly and is quite ugly now. Link to comment Share on other sites More sharing options...
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