2016-17 Ram Report is now available
https://www.ramint.gov.au/annual-reports
Thanks for that Nevol ..... I've been hoping it would come out soon.
Excellent Nancy.
Pedro
Hmmm....Wonder if the RAM are preparing us for the withdrawal of 5c, none minted so far this year. :scratch_one-s_head:
It's a bloody joke if they do get rid of the 5 cent and if they do the pricing should change to 10 cent increments, and they should have got rid of the cent increments when they got rid of the 1's and 2's :@ I still think their argument that they cost more to make than they're worth is a load of BS as you can still find one's from 1966 and if you take into account that every time one pays for something they're making 10% GST how in the hell can they say they're too expensive to make ARRRRR :dash1:
All this will do is make the banks more of a profit, but I suppose when your making BILLIONS of dollars profit a year the poor old banks need the extra boost
Just looking at the report and what the mint has on their page and some of the mintage figures don't line but then that's no great surprise :dash1:
https://www.ramint.gov.au/one-dollar
(http://i64.tinypic.com/2crrmae.png)
Doesn't look like they have added in their 2016/17 figures in yet AJ?
The mintages for the standard 2017 5c - $2 are comparatively light on so far (50c not so much). Explains why some of these have been scarce (at least in my neck of the woods).
Bit strange with the Possum Magic $2s where two have 2.0m mintages but the other only 800K.
Pedro
Thanks for the link Nancy.
Some strange figures for the circulating coin production. But I guess that rather normal for the RAM?
Yes, it all gets a bit skewed by the fact that coins are minted for the calendar year and the reports are for the fiscal year, this combined with them doing some minting year overlapping at times. Hence you really need to look at several years annual reports to determine the correct overall mintage for one particular issue.
@Unicorn: Thanks for the information.
The mintage numbers for the 50th Anniversary coinage is the most off?
Yes, if they don't make any more of the 50th Anniversary coins the mintages may be:
2015/2016 report 50th anniversary of decimal currency production
5c 4.798m
10c 3.800m
20c 4.510m
50c 6.911m
$1 0.359m
$2 2.795m
2016/2017 report 50th anniversary of decimal currency production
10c 2.400m
$1 0.202m
$2 0.087m
Total - both years
5c 4.798m
10c 6.200m
20c 4.510m
50c 6.911m
$1 0.561m
$2 2.882m
Yes it's hard to work out.
RAM report__________________ RAM site
2016 5 cent 12.0____________22.4, 50th anniversary 4.4
2015 10 cent .009____________14.3
2016 10 cent 35.174__________6.8
2016 10 cent 50th ann 2.4_____3.8
2016 20 cent 21.854__________12.4 platypus and 50th ann 4.5
2016 50 cent coa 5.888_______9.8
2016 $1 mor 18.661__________11.5
2016 $1 anzac .298___________1.8
2016 $1 50th ann .202________.3
Wondering what's the clamshell referred to?
Thanks - completely forgot it was that time of the year.
Quote from: 'Unicorn' pid='112584' dateline='1509090433'$1 0.561m
Would I explain why I still haven't seen one.
RAM have officially exhausted the 2016 5c sachets during the Wagga leg of the Trans Australian tour today
A local dealer bought them all $200 worth before anyone else had a chance :(
After I posted my comment re the 2017 5 Cent coins, I realized that they have definitely been minted this year,
they're just not included in the 2016-17 Report. I guess they were minted after 30th June, and that same fact
is of course applicable to all the other 2017 coin denominations.
Thanks for the reminder, Uni. The RAM caught me napping there so I've just removed my foot from my mouth. :winkextra:
I imagine quite a few people have purchased them in the 2017 RAM Rolls sets that are available at a not so cheap price.
$90 FV for $220 + $10 postage.
Quote from: 'runway' pid='112594' dateline='1509097307'Wondering what's the clamshell referred to?
Usually this is the PNC
Quote from: 'purplepennyhunter' pid='112633' dateline='1509430336'Quote from: 'runway' pid='112594' dateline='1509097307'Wondering what's the clamshell referred to?
Usually this is the PNC
ok thanks :heart: