Australian-Coins Forum

Australian Coins, Banknotes and Exonumia => Australian Decimal Circulating Coins => Topic started by: Hercules on October 31, 2016, 06:12:12 PM

Title: 2005 5c Mintage
Post by: Hercules on October 31, 2016, 06:12:12 PM
I just noticed there was a massive discrepancy between the annual reports and the mint's website regarding the mintage of the 2005 5c coin. Does anyone know which figure is correct?

Annual Reports: 166 million
Website: 194 million

I tried checking the 2006-07 annual report, but that didn't shed any light on the matter.
Title: RE: 2005 5c Mintage
Post by: Fulvio on October 31, 2016, 06:40:29 PM
2005: 194,300,000? 166,042,000?

If I knew which one was right, there wouldn't be two entries in there. ;)
Title: RE: 2005 5c Mintage
Post by: Enlilninlil on November 01, 2016, 07:46:36 AM
So many coins, wish I had them all.
Title: RE: 2005 5c Mintage
Post by: Hercules on November 01, 2016, 03:36:58 PM
I was just looking at some of my tables, comparing the mintages from the annual reports to those of the website, and there appear to be major discrepancies with all 2005-dated coins. Do you think it's possible that the mint stuffed up the 2006-07 annual report by leaving out some 2005-dated coins?
Title: RE: 2005 5c Mintage
Post by: redlock on November 01, 2016, 06:33:23 PM
As the Annual Reports are official documents the mintage numbers reported there should be more accurate than those on the web-site.
Title: RE: 2005 5c Mintage
Post by: Pedro on November 01, 2016, 06:56:57 PM
Fulvio's mintage list is more accurate than the RAM website. There are a number of errors (not just 2005 numbers) on the website that have been discussed on the forum in the past.

Pedro
Title: RE: 2005 5c Mintage
Post by: translateltd on November 02, 2016, 09:24:30 AM
Mints also document the number of coins made in a particular year, not which date was on the coins.  So if part of the 2004 or 2006-dated issues were made in 2005, or if some of the 2005-dated coins were struck in a different year, that would throw the published figures out.
Title: RE: 2005 5c Mintage
Post by: Mister T on November 02, 2016, 09:35:36 PM
The Royal Australian Mint's reports appear to list coins minted with specific dates, not a yearly total.
Title: RE: 2005 5c Mintage
Post by: Fulvio on November 03, 2016, 12:38:02 AM
Quote from: 'Mister T' pid='100863' dateline='1478084736'The Royal Australian Mint's reports appear to list coins minted with specific dates, not a yearly total.

Yeah, but they do make mistakes.

Thing is, they can't mess up the accounts. The auditor would take a VERY dim view of that, and heads would roll. So you can assume the total NUMBER of coins and value to be accurate. But as for which is which, well, bean counters don't care, and a mistake there could easily get by.