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2016 $1 Australia's First Mints 'M' Melbourne Counterstamp Unc Coin

The Royal Australian Mint’s 2016 gallery press coin pays tribute to the sovereigns that were minted as a result of Australia’s gold rush.

As the mobile press travels to Melbourne, this coin has a special significance for the city, adorned with an ‘M’ counterstamp, and replicates the sovereigns that were struck at the Melbourne Mint in those days long ago.

Availability: Out Of Stock

Code: 1199

Throughout the 19th century, Australian currency was an assortment of foreign coins, promissory notes and rum trades. The gold rush of this era became a pivotal event for Australian society, assisting in the development of both a form of currency and a unique identity.

The Adelaide Assay Office was established in 1852, and in its short life produced gold ingots and Australia’s first gold coin, the Adelaide Pound. Official branches of the Royal Mint opened in Sydney (1855), Melbourne (1872) and Perth (1899), producing sovereigns and other pre-decimal coins.

The Royal Australian Mint opened in 1965, and superseded other Australian mints to become the sole producer of the country’s decimal coins. For several years now, a highlight in visiting the Royal Australian Mint has been the gallery press. Here visitors can strike their own coin which celebrates an event or tradition of national significance.

Product Code: 310895

Metal Content (g) 9.00

Monetary Denomination (AUD) 1

Maximum Diameter (mm) 25.00

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