Donation Dollar

Started by JeffH, September 02, 2020, 05:51:45 PM

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jens coins

From the RAM website:
24/11/202
Media Release
Today, the Royal Australian Mint (the Mint) launched a new initiative to get more Donation Dollars into the hands of Australian's in the lead up to Christmas.
This initiative, which will be rolled out at newsXpress retail stores across the country from 24 November, encourages people to swap their change for Donation Dollars and increase charitable giving in the lead up to the Christmas holiday season.
Managing Director of newsXpress stores, Mark Fletcher said "We are excited to be working with the Royal Australian Mint on this important initiative. With nearly 200 stores across Australia, newsXpress can help get Donation Dollars into the hands of thousands of Australians in all parts of the country."
Royal Australian Mint CEO, Leigh Gordon, said rolling out this initiative through newsXpress stores will make Donation Dollar more accessible to Australians.
"We have minted one Donation Dollar for every Australian as a tangible reminder of the importance of giving back. Donation Dollars have been distributed through the banks since September 2020 with an estimated six million currently in circulation. While Australians will continue to come across Donation Dollars, this partnership with newsXpress means that Australians don't need to wait to find a Donation Dollar in their change, they can simply visit one of the newsXpress stores to get their hands on a Donation Dollar – making this hard working coins more accessible to all. Every dollar out in circulation, is another dollar working to make Australia better.
The coin is designed to be instantly recognisable with the words Give to Help Others and a green centre with a gold ripple design emanating from the centre symbolising the ongoing impact each donation dollar makes to those who need it most.
"Since its launch in September 2020, 2.8 million Australians have found and donated one or more donation dollars to a charity or a business or person in need. Independent research commissioned by the Mint shows that the average donation prompted by the Donation Dollar is $21, equating to approximately $59 million in donations generated by this initiative to date.
"I encourage all Australians to visit their nearest newsXpress store and swap their regular dollars for a Donation Dollar, or check their change, car consoles and saving jars for this very special coin. When you get your hands on a Donation Dollar, remember to donate it to someone in need, whether this is a charity, homeless person or struggling business," said Mr Gordon.
From today, Australians can head into their local newsXpress retail store and swap their dollars for Donation Dollars.

Mister T

That's a bit unexpected - anyone been into one?

gweidion

If I was to get a good one from newsXpress I'd be keeping it, not donating it. That seems to be happening with only 20% approximately donated.

Mister T

Anyone seen anything other than a 202 or 2021 donation dollar yet? I've seen plenty of 2020 and way more 2021 but I did a cull today and only kept the best.

gweidion

Nope just those two years so far.
Update
Just was looking on the circulating coins page and I see they have updated the DD figures for 2021

The world's first one dollar coin designed to be donated

2020  12.5 million

2021  12.9 million

They only promised 25 million so that appears to be your lot folks.

Tanecoins

Wonder how they feel about foreigners collecting them.

I have 4 of them now, 2 of each year. Sure the government did not anticipate collector demand, especially foreign collector demand.
Collecting beautiful silver coins and loving Numismatics!

gweidion

I don't think they would particularly care. Unless you are planning on taking about 20 million out of circulation. Then they "might" have something to say.

Mister T

Oh, well there you go. I was sure there was a plan for more years and colours.

Triggersmob

I thought there was only 2 years of 12.5 million each.
Steve

OFEC count = 258

Nevol

Excerpt from a RAM document:

: An initial 4.5 million Donation Dollars have been produced and will be progressively released from 2 September 2020 with the intention to produce and release 25 million coins over the next few years – one for every Australian
A Platypus is a duck designed by a committee ( anon)

Triggersmob

Thanks Nevol. I just checked the RAM website and the amount minted is 12.5M for 2020 & 12.9M for 2021. So if it is only 25 million in total, we have already exceeded that.
Steve

OFEC count = 258

JeffH

Our population is now in excess of 26 million and growing. Time for them do issue anothe million -new date would make such a small issue very worth getting.
Thinking is dangerous, it makes you think. That\'s why many people avoid it.

Triggersmob

Sounds lie it would be another feeding frenzy on Ebay. :(
Steve

OFEC count = 258

Mister T

Ah that might be what I was remembering - the wording made it seem like it was going to be more than just two years.

gweidion

Quote from: 'Mister T' pid='129443' dateline='1720314914'Ah that might be what I was remembering - the wording made it seem like it was going to be more than just two years.

I was under that impression too. I thought it was going to be over five years for some reason. 12.5 million in the first year and the rest doled out over the next four years. Maybe one of "the powers that be" decided it wasn't worth the hassle.