Royal Australian Mint

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Royal Australian Mint
Royal Australian Mint logo.png
Royal Australian Mint.jpg
Royal Australian Mint
General information
Location Deakin, Australian Capital Territory
Opened22 February 1965
Owner Australian Government
Design and construction
Architect(s) Richard Ure
Architecture firm Department of Works
Main contractor Civil and Civic
E. S. Clementson Pty Ltd
Website
https://www.ramint.gov.au/

The Royal Australian Mint is the sole producer of all of Australia's circulating coins and is a Commonwealth Government entity operating within the portfolio of the Treasury. The Mint is situated in the Australian federal capital city of Canberra, in Denison St, in the suburb of Deakin. The Mint was opened in 1965 by Prince Philip, Duke of Edinburgh.

Contents

Before the opening of the Australian Mint, Australian coins were struck at the Sydney Mint, Melbourne Mint and Perth Mint. As such, the Royal Australian Mint was the first mint in Australia to be independent of the British Royal Mint, in the United Kingdom, which was a British government entity. (Of the three older Australian mints, only Perth Mint has remained; it was a subsidiary of the UK Royal Mint until 1970.)

Foundations and history

The gold coat of arms of Australia is featured above the entrance to the Royal Australian Mint. It was produced by E. S. Clementson Pty Ltd for PS500. Royalaustralianmintentrance.JPG
The gold coat of arms of Australia is featured above the entrance to the Royal Australian Mint. It was produced by E. S. Clementson Pty Ltd for £500.

Planning for the mint started in 1959 when it was proposed to move the Melbourne branch of the Royal Mint to Canberra, with a large site in the Canberra suburb of Deakin chosen. The Chief Designing Architect in the Commonwealth Department of Works, Richard Ure, was responsible for the International style design of the mint. It was officially opened by The Duke of Edinburgh on 22 February 1965, coinciding with the introduction of the Australian decimal currency on 14 February 1966. [2] The mint project cost £4.5 million, with Prime Minister Harold Holt noting at the official opening: "We believe that, not only have we achieved a gracious and dignified building in a national setting, but we have a mint also which incorporates the best equipment and most modern minting techniques." [3] The main administration building was constructed by Civil and Civic, while the process building was completed by E. S. Clementson Pty Ltd. [4]

The new mint and the Melbourne Mint operated concurrently while sufficient stockpiles of new coinage were prepared and until it was felt that production in Canberra was proceeding smoothly, after which in 1967 the Melbourne mint was closed. Some staff from the Melbourne mint relocated to Canberra to operate the new mint. However, it was not until the early 1980s that the RAM was able to sustain solitary production of the full set of circulating Australian coins, and so on several occasions in the 1960s and 1970s the RAM contracted production runs to the Perth Mint, the Royal Mint in both London and Llantrisant, and even on one occasion the Royal Canadian Mint.

The mint consists of two buildings, an administration building, and a process building. The administration building houses the engravers, a laboratory, and a vibration-free basement where coinage is measured to ensure correct size and weight. [5]

The mint is an Australian Public Service agency, staffed through the Department of the Treasury. [6]

During 1984-1986 renovations were carried out to support the increasing demand for the production of collector coins, and also to improve the visitor facilities. Visitors can mint their own legal tender coin using visitor presses.

A robot at the mint. RobotMintCanb.jpg
A robot at the mint.

The mint serves primarily to manufacture Australia's legal tender precious metal coins. Notes are produced by Note Printing Australia in Melbourne. The mint also produces medals for military and civilian honours, most notably the Order of Australia. The mint produced medals for the 2000 Summer Olympics in conjunction with the Perth Mint. The Royal Australian Mint also produces tokens made for commercial organisations such as casinos, car washes etc.

Since its opening, the mint has produced over fifteen billion coins and has the capacity to produce two million coins per day. [7] Coins have also been struck for several Asian and South Pacific nations, including New Zealand (in 1969), Papua New Guinea, Tonga, Western Samoa, the Cook Islands, Fiji, Malaysia, Thailand, Nepal, Estonia, Bangladesh, Israel, and the Philippines.[ citation needed ]

One of many displays at the mint. DisplayMintCanb.jpg
One of many displays at the mint.

In November 2001, the mint issued the world's first coin with a double hologram, to commemorate the centenary of Australian federation. The mint also creates bi-metallic coins, and colour printed coins. [8]

On 11 December 2005 the Joint Standing Committee on Public Works tabled a report recommending the refurbishment of the Royal Australian Mint with a projected cost of A$41.2 million. Work was planned to commence in October 2006 with completion dates of June 2008 for the process building, and April 2009 for the administration building. [9]

The refurbishment also planned to introduce industrial robots to the manufacturing process. [10] The work was completed in 2009, and the mint is now open to the public. [11]

In 2014, the Abbott government announced a scoping study into selling the Royal Australian Mint. [12]

Chief executives

#OfficeholderTitleTerm start dateTerm end dateTime in officeNotes
1James Miller Henderson ISO Controller19645 November 1971 [13] [14] [15] [16]
2Ronald Harold Osbourne MBE 5 November 197126 March 19742 years, 141 days [15] [17] [18]
3John Joslin18 April 19746 November 198713 years, 202 days [19] [20]
4Walter Sheehan6 November 19871 June 19913 years, 207 days [21] [22]
–Chris Mills (Acting)1 June 199127 May 19931 year, 360 days [23]
5Glenys Roper27 May 19931 March 19984 years, 278 days [24]
6Graeme Moffatt1 March 1998June 2002
7 Vivienne Thom June 20021 March 2006
8Janine MurphyChief Executive Officer1 March 20065 September 20093 years, 188 days [25] [26] [27]
9Ross MacDiarmid7 June 20104 December 202010 years, 180 days [28] [29]
10 Leigh Gordon AO CSM 1 February 2021Incumbent2 years, 215 days [30]

See also

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References

  1. ↑ "£500 crest for Mint". The Canberra Times. Australian Capital Territory, Australia. 5 February 1965. p. 10. Retrieved 14 December 2022– via National Library of Australia.
  2. ↑ "THE ROYAL AUSTRALIAN MINT". The Canberra Times. Australian Capital Territory, Australia. 23 February 1965. p. 11. Retrieved 14 December 2022– via National Library of Australia.
  3. ↑ "Australia gets its own mint at last". The Canberra Times . Australian Capital Territory, Australia. 23 February 1965. p. 13. Retrieved 14 December 2022– via National Library of Australia.
  4. ↑ "ROYAL AUSTRALIAN MINT Notable building landmark". The Canberra Times. Australian Capital Territory, Australia. 23 February 1965. p. 12. Retrieved 14 December 2022– via National Library of Australia.
  5. ↑ Pearce, Steve (2001). Making money, the story of the Royal Australian Mint. Nucolorvue Productions (www.nucolorvue.com.au) ISBN   0-85858-155-8
  6. ↑ Chart of 109 Agencies under the Financial Management and Accountability Act 1997 (FMA Act) (PDF), Department of Finance, 1 January 2014, archived from the original (PDF) on 4 March 2014
  7. ↑ "About the mint". Royal Australian Mint. Retrieved 5 October 2014.
  8. ↑ "Royal Australian Mint Issue 45" (PDF).
  9. ↑ Joint Standing Committee on Public Works – Proposed Refurbishment of the Royal Australian Mint Building, Canberra – Report Archived 13 January 2006 at the Wayback Machine
  10. ↑ Royal Australian Mint press release – Australian company to modernise Mint with robots
  11. ↑ Royal Australian Mint FAQ: About the Mint: I would like to visit the Mint. What can I expect to see?
  12. ↑ Gareth Hutchen (28 May 2014). "Abbott government rules out privatisation of Australia Post". The Sydney Morning Herald. Retrieved 4 October 2014.
  13. ↑ "33 residents of Canberra honoured". The Canberra Times. Australian Capital Territory, Australia. 14 June 1969. p. 27. Retrieved 15 December 2022– via National Library of Australia.
  14. ↑ "Former Mint controller in court on coin charge". The Canberra Times. Australian Capital Territory, Australia. 7 January 1975. p. 1. Retrieved 15 December 2022– via National Library of Australia.
  15. 1 2 Haney, Thomas V. (26 December 1971). "Coins". The New York Times. p. 36. Retrieved 15 December 2022.
  16. ↑ "APPOINTMENTS, RETIREMENTS AND DISMISSALS". Commonwealth Of Australia Gazette. No. 108. Australia, Australia. 18 November 1971. p. 7140. Retrieved 15 December 2022– via National Library of Australia.
  17. ↑ "Mint man retires after 47 years". The Canberra Times. Australian Capital Territory, Australia. 30 March 1974. p. 3. Retrieved 15 December 2022– via National Library of Australia.
  18. ↑ "RETIREMENTS AND DISMISSALS". Australian Government Gazette. No. 29. Australia, Australia. 4 April 1974. p. 5. Retrieved 15 December 2022– via National Library of Australia.
  19. ↑ "Confirmation of provisional promotions". Australian Government Gazette. No. 41. Australia, Australia. 16 May 1974. p. 58. Retrieved 15 December 2022– via National Library of Australia.
  20. ↑ "Revenue figures left in mint condition". The Canberra Times. Australian Capital Territory, Australia. 15 September 1987. p. 7. Retrieved 15 December 2022– via National Library of Australia.
  21. ↑ "Treasurer DEPARTMENT OF THE TREASURY". Commonwealth Of Australia Gazette. No. PS45. Australia, Australia. 26 November 1987. p. 6981. Retrieved 15 December 2022– via National Library of Australia.
  22. ↑ "IOC job for Sheehan". The Canberra Times. Australian Capital Territory, Australia. 3 June 1991. p. 13. Retrieved 15 December 2022– via National Library of Australia.
  23. ↑ "Proposed Mint takeover on hold". The Canberra Times. Australian Capital Territory, Australia. 18 February 1993. p. 4. Retrieved 15 December 2022– via National Library of Australia.
  24. ↑ "Treasurer DEPARTMENT OF THE TREASURY". Commonwealth Of Australia Gazette. No. PS41. Australia, Australia. 21 October 1993. p. 5309. Retrieved 15 December 2022– via National Library of Australia.
  25. ↑ "Janine Murphy". Royal Australian Mint. 8 September 2009. Archived from the original (Media Release) on 25 March 2017. Retrieved 14 December 2022.
  26. ↑ Sherry, Nick (7 September 2009). "Janine Murphy" (Media Release). Treasury, Australian Government. Retrieved 14 December 2022.
  27. ↑ Stephens, Tony (28 September 2009). "A working treasure at Treasury". The Sydney Morning Herald. Retrieved 14 December 2022.
  28. ↑ "New Royal Australian Mint CEO". Royal Australian Mint. 6 February 2010. Archived from the original (Media Release) on 25 March 2017. Retrieved 14 December 2022.
  29. ↑ "Royal Australian Mint CEO steps down after ten years". Royal Australian Mint. 9 September 2020. Archived from the original (Media Release) on 3 December 2020. Retrieved 14 December 2022.
  30. ↑ "New Chief Executive Officer of the Royal Australian Mint". Royal Australian Mint. 3 February 2021. Archived from the original (Media Release) on 9 February 2021. Retrieved 14 December 2022.

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