1$ coin from RAM that you can mint for 3$

DarkDaiver · July 05, 2016, 01:08:41 PM

Hello, guys. Recently I visited RAM and there was a machine that mint a brand new 1$ coin for 3$... They say it is a legal tender, so it is a real coin. What do you think about it? Any numismtatic value?

Pedro · July 05, 2016, 01:19:31 PM

Yes, DD it is a real coin. The same design is used in the 4 x $1 coin 2016 mintmark sets.

I like the design for these dollars.

Over the years the Mint Your Own $1s have attracted a bit of premium on Ebay.

Pedro

The 2016 circulation changeover dollars that are to be released will look like this one as well (minus the mintmark).

DarkDaiver · July 05, 2016, 01:26:05 PM

Quote from: 'Pedro' pid='92006' dateline='1467690571'Yes, DD it is a real coin. The same design is used in the 4 x $1 coin 2016 mintmark sets.

I like the design for these dollars.

Over the years the Mint Your Own $1s have attracted a bit of premium on Ebay.

Pedro

The 2016 circulation changeover dollars that are to be released will look like this one as well (minus the mintmark).

there is going to be a circulation changeover?

trout · July 05, 2016, 01:40:53 PM

Quotethere is going to be a circulation changeover?

No, There are a set of coins 5,10,20,50, $1 and $2 that have various pre decimal designs on the Obverse that have been issued for circulation.
These have been issued as a commemorative of the changeover from a Stirling based currency to the now Decimal system of currency in 1966.
The 5,10,20 and 50 cent coins have already been released and the $1 and $2 coins will be released later in the year.

I will take some images and post them shortly :ok:

r9453 · July 05, 2016, 01:44:54 PM

The term 'the changeover' was used fifty years ago to communicate the move from pre-decimal currency to what we have today.

http://www.ramint.gov.au/news-media/news/changeover-tour-0

trout · July 05, 2016, 01:54:39 PM

Images as promised :ok:

$2 with the Crown design

$1 with the Florin design

50 Cents with the Rams head design found on the later Shillings.

20 Cents with the old coat of arms

10 Cent with the Wheat sheaf design found on the later Threepence.

5 Cent with the Roo design found on the later penny's

robbiegal · July 05, 2016, 01:57:42 PM

are these the same ones that are in the 2016 mint sets?

DD - did you grab a set when you were at the mint visiting?

r9453 · July 05, 2016, 02:01:58 PM

Is the $1 coin in the OP the same as the changeover dollar?

trout · July 05, 2016, 02:06:25 PM

Quote from: 'r9453' pid='92012' dateline='1467693118'Is the $1 coin in the OP the same as the changeover dollar?

No
It is the Sydney Mint design .
I am hoping that there will be a George and the dragon and a Shield design $1 produced, as the dollar coin is about the same size and colour as a Sovereign

r9453 · July 05, 2016, 02:15:13 PM

I presume its like this but with a "C" mint mark. Nice coin, almost makes me want to resume my $1 collection.

Pedro · July 05, 2016, 03:02:44 PM

Oops. I knew that. Brain fade strikes again.

Pedro

DarkDaiver · July 05, 2016, 03:15:06 PM

Quote from: 'robbiegal' pid='92011' dateline='1467692862'are these the same ones that are in the 2016 mint sets?

DD - did you grab a set when you were at the mint visiting?

Nope. I thought they sell only silver and gold coins there... I asked them about some of the colorful 2$, they said they didn't have them

robbiegal · July 05, 2016, 05:35:18 PM

pity
you could have grabbed yourself a 2016 mint set when you were there

https://eshop.ramint.gov.au/2016-Uncirculated-Year-Set/310668.aspx