Olympics

[ausjack]

I was just thinking, and yes it hurt like hell :blink: but was thinking why they didn't do any olympic coin for circulation for the 56 aussie games but more so why they didn't do one for the 2000, maybe because of the millennium :scratch_one-s_head: But it's unlike the mint to miss out on an opportunity like that and it's not like they don't release more than one commemorative per year now :dodgy:

[Fulvio]

I was just thinking, and yes it hurt like hell :blink: but was thinking why they didn't do any olympic coin for circulation for the 56 aussie games but more so why they didn't do one for the 2000

In a word, money.

The mint gets nothing out of seigniorage. That goes to the government.

But the profits on collectibles go into their bottom line.

[robbiegal]

don't forget that the RAM is self funding
tax payers don't fund the RAM

[ausjack]

So that's why they charge like wounded bulls :winkextra: But wouldn't they make a heap from the gov for making circulating coins and why does the gov complain about the humble five cent costing so much to make.

[robbiegal]

the government whinges about everthing mate
that's there job
and while they fuss about 5 c pieces

they quietly sell Darwin Port to the Chinese  ....

[ausjack]

don't forget giving them selves nice bonuses and pay rises of over double my DSP.