{"id":"F2005B02911","name":"Currency (Royal Australian Mint) Determination 2002 (No. 4)","slug":"currency-royal-australian-mint-determination-2002-no-4","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":436618,"registerId":"F2005B02911-fast-fetch-1775953760433","compilationNumber":null,"startDate":"2026-04-12","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Currency (Royal Australian Mint) Determination 2002 (No. 4)","content":"---\nmeta-content-style-type: text/css\nmeta-content-type: application/xhtml+xml; charset=utf-8\n---\n\n?xml version=\"1.0\" encoding=\"utf-8\" standalone=\"no\"?>\n\n\n\nCurrency (Royal Australian Mint) Determination 2002 (No. 4)\n\nI, IAN GORDON CAMPBELL, Parliamentary Secretary to the Treasurer, make this Determination under subsection 13A (1) of the Currency Act 1965.\n\nDated 31 July 2002\n\nIAN CAMPBELL\n\nParliamentary Secretary to the Treasurer\n\nContents\n\n 1 Name of Determination \n\n 2 Commencement \n\n 3 Specification of coins \n\n 4 Application of Determination \n\n 5 Amendment of Currency (Royal Australian Mint) Determination 2002 (No. 2)\n\n 6 Amendment of Currency (Royal Australian Mint) Determination 2002 (No. 3)\n\nSchedule 1 \n\nPart 1 Specifications of coins \n\nPart 2 Explanation of symbols \n\nSchedule 2 Amendments of Currency (Royal Australian Mint) Determination 2002 (No. 2)\n\nSchedule 3 Amendment of Currency (Royal Australian Mint) Determination 2002 (No. 3)\n\n \n\n\n\n\n \n\n \n\n1 Name of Determination\n\n This Determination is Currency (Royal Australian Mint) Determination 2002 (No. 4).\n\n2 Commencement\n\n This Determination commences on gazettal.\n\n3 Specification of coins\n\n (1) This Determination specifies, for a coin having the denomination and standard composition specified in columns 2 and 3 of Part 1 of Schedule 1, the standard weight, the allowable variation from that weight, the dimensions and the design specified in columns 4, 5 and 6 of that Part.\n\n (2) A reference in Part 1 of Schedule 1 to the diameter of a coin is, for a coin that is not circular, a reference to the distance between 2 parallel faces of the edge of the coin.\n\n4 Application of Determination\n\n The specifications in Schedule 1 to this Determination do not affect any other determination of the specifications of coins.\n\n5 Amendment of Currency (Royal Australian Mint) Determination 2002 (No. 2)\n\n Schedule 2 amends Currency (Royal Australian Mint) Determination 2002 (No. 2).\n\n6 Amendment of Currency (Royal Australian Mint) Determination 2002 (No. 3)\n\n Schedule 3 amends Currency (Royal Australian Mint) Determination 2002 (No. 3).\n\nSchedule 1 \n\n(section 3)\n\nPart 1 Specifications of coins\n\n \n\n- Column 1 Column 2 Column 3 Column 4 Column 5 Column 6\n- Item Denomination Standard composition Standard weight and allowable variation (g) Dimensions Design\n- (1) Diameter (mm) (2) Thickness (mm) (1) Shape (2) Edge (3) Obverse (4) Reverse\n- 101 $5 Not less than 99.9% silver 36.31 0.64 38.9 3.50 S1 E1 030 R303\n- 102 $1 Not less than 99.9% silver 11.66 0.240 25.12 2.80 S1 E3 O32 R304\n- 103 $1 Copper, aluminium and nickel 9.00 0.280 25.12 2.80 S1 E3 O32 R305\n- 104 50c Not less than 99.9% silver 18.24 0.40 31.65 2.80 S3 E4 O32 R306\n- 105 50c Copper and nickel 15.55 0.400 31.65 2.80 S3 E4 O32 R306\n- 106 $100 Not less than 99.99% gold 31.40 0.20 34.10 2.80 S1 E1 O32 R307\n\n\nPart 2 Explanation of symbols\n\n \n\n| Column 1 | Column 2 | Column 3 | Column 4 |\n| --- | --- | --- | --- |\n| Item | Design Feature | Symbol | Explanation |\n| 201 | Shape | S1 | Circular |\n| 202 | Shape | S3 | Dodecahedral |\n| 203 | Edge | E1 | Continuously milled |\n| 204 | Edge | E3 | 14 segments, of which 7 are milled and 7 are plain |\n| 205 | Edge | E4 | Plain |\n| 206 | Obverse | O30 | An effigy of Queen Elizabeth II, and the monogram ‘IRB’, surrounded by the inscriptions:
(a) ‘ELIZABETH II’; and
(b) ‘AUSTRALIA 2002’; and
(c) ‘5 DOLLARS’. |\n| 207 | Obverse | O32 | An effigy of Queen Elizabeth II, and the monogram ‘IRB’, surrounded by the inscriptions:
(a) ‘ELIZABETH II’; and
(b) ‘AUSTRALIA 2003’ . |\n| 208 | Reverse | R303 | An optical variable device representing The Olgas which, on changing the angle of viewing, changes colour, below which is:
(a) a reverse image of The Olgas struck into the metal; and
(b) the inscription ‘YEAR OF THE OUTBACK’ |\n| 209 | Reverse | R304 | A representation of a dove with an olive branch in its beak, on either side of which are the floral emblems of Australia and South Korea, against a background of parallel bars within two equal hemispheres surrounded by the inscriptions:
(a) ‘KOREAN WAR’; and
(b) ‘ONE DOLLAR’; and
(c) ‘1953’; and
(d) ‘2003’. |\n| 210 | Reverse | R305 | A representation of a dove with an olive branch in its beak, on either side of which are the floral emblems of Australia and South Korea, against a background of parallel bars within two equal hemispheres surrounded by the inscriptions:
(a) ‘KOREAN WAR’; and
(b) ‘ONE DOLLAR’; and
(c) ‘1953’;
(d) ‘2003’; and
(e) the letter ‘A’, ‘B’,‘C’,‘M’ or ‘S’. |\n| 211 | Reverse | R306 | A design made up of:
(a) a left panel showing a representation of the seven-pointed Federation Star and the inscription ‘1953’; and
(b) a centre panel showing a representation of the St Edward’s Crown and the inscriptions:
(i) ‘EIIR’; and
(ii) ‘50’; and
(c) a right panel showing a representation of a sprig of wattle and the inscription‘2003’;
surrounded by the inscriptions:
(d) ‘CORONATION ELIZABETH II’; and
(e) ‘FIFTIETH ANNIVERSARY’. |\n| 212 | Reverse | R307 | A representation of an artist’s impression of the young Queen Elizabeth with St Edward’s Crown, the inscription ‘EIIR’ and a representation of a sprig of wattle surrounded by the inscriptions:
(a) ‘ELIZABETH II’; and
(b) ‘CORONATION’; and
(c) ‘1953’; and
(d) ‘50TH ANNIVERSARY’; and
(e) ‘2003’; and
(f) ‘100 DOLLARS’. |\n\n\n \n\n \n\nSchedule 2 Amendments of Currency (Royal Australian Mint) Determination 2002 (No. 2)\n\n(section 5)\n\n \n\n[1] Schedule 1, item 101, column 3\n\nomit\n\n99.99% silver; and\n\ninsert\n\n99.9% silver; and\n\n[2] Schedule 1, items 106 to 110, column 3\n\nomit each mention of\n\n99.99% silver\n\ninsert\n\n99.9% silver\n\n[3] Schedule 1, item 110, column 4\n\nomit\n\n50.00 0.05\n\ninsert\n\n60.50 0.63\n\n[4] Schedule 1, item 110, column 5, Diameter\n\nomit\n\n60.50\n\ninsert\n\n50.00\n\n\n\n\nSchedule 3 Amendment of Currency (Royal Australian Mint) Determination 2002 (No. 3)\n\n(section 6)\n\n \n\n[1] Schedule 1, item 101, column 3\n\nomit\n\n99.99% silver\n\ninsert\n\n99.9% silver\n\n \n","sortOrder":0}],"analysis":{"flash_summary_failed":{"failed":true,"reason":"Unauthenticated. Configure AI_GATEWAY_API_KEY or use a provider module. Learn more: https://ai-sdk.dev/unauthenticated-ai-gateway","source":"analysis-cron"},"flash_summary":{"complexity_score":3,"scope_assessment":{"changed":false,"description":"The Determination remains narrowly technical and within the original purpose of specifying coin physical and design characteristics for Mint production. Its amendments adjust metal-fineness statements and one item's weight/diameter figures in prior determinations — technical corrections and specification updates rather than an expansion of regulatory scope or new powers."},"complexity_factors":["Short instrument (6 main items listed in Schedule 1 Part 1)","One small interpretation provision for diameter on non-circular coins (section 3(2))","Part 2 decodes 12 design/shape/edge symbol codes used in Part 1 (moderate decoding required)","Two amendment schedules that alter text in two earlier determinations (cross-references to other instruments)","Numeric tolerances for weight and dimensions (requires precise reading but not complex conditional logic)","No extensive defined-term section or layered conditional exceptions (low syntactic nesting)"],"plain_english_summary":"**What this instrument does (mechanically)\n\n- This Determination sets technical specifications for a set of Australian coins to be produced by the Royal Australian Mint. (See section 3 and Schedule 1.) It lists, for each coin: denomination, metal composition, standard weight and allowable variation, diameter, thickness, shape and edge type, and which obverse/reverse designs apply.\n\n- It also amends two earlier Royal Australian Mint determinations to change a small number of technical specifications (see Schedules 2 and 3). Those amendments alter metal-purity statements for some silver coins and adjust the size/weight figures for one previously-specified item.\n\n- The Determination takes effect on gazettal (section 2) and explicitly says its specifications do not disturb other existing determinations (section 4).\n\nWhich coins and designs are specified (high level)\n\n- The Schedule specifies commemorative and circulating-denomination pieces including: a $5 silver coin, $1 coins in both silver and base-metal versions, 50-cent coins in silver and copper–nickel, and a $100 gold coin. Each coin is assigned design codes; Part 2 of Schedule 1 translates those codes into design descriptions (for example, \"Year of the Outback\", a Korean War commemorative design, and a Coronation 50th Anniversary design).\n\n- Metal purities, weights and dimensional tolerances are given numerically. For example, the $5 coin is specified as not less than 99.9% silver, weight 36.31 g ± 0.64 g, diameter 38.9 mm, thickness 3.50 mm (Schedule 1, item 101). The $100 coin is specified as not less than 99.99% gold, weight 31.40 g ± 0.20 g (Schedule 1, item 106).\n\nWhat the amendments do (mechanically)\n\n- Schedule 2 and Schedule 3 amend earlier determinations to change mentions of \"99.99% silver\" to \"99.9% silver\" (reducing the stated minimum fineness for specified silver coins). (See Schedule 2 [1] and [2]; Schedule 3 [1].)\n\n- Schedule 2 also alters one previously-specified item (item 110 in Determination No. 2) by changing its standard weight and allowable variation and by swapping the previously-stated diameter and weight numbers (Schedule 2 [3] and [4]). Those are purely technical changes to the physical specification that the Mint must follow.\n\nWho is affected and how\n\n- The Royal Australian Mint: must manufacture coins to the exact specifications set out (section 3, Schedule 1) and to update dies, production settings and quality controls to reflect any amended weights, diameters, purities or design instructions.\n\n- Suppliers of metal (refiners, bullion dealers) and coin distributors/retailers: may face slightly different demand for metal purity and slightly different metal quantities per coin; bullion content per coin (and thus metal value) changes with changes in stated purity or weight. The Determination therefore affects upstream and downstream commercial actors through changes in physical specification and material requirements.\n\n- Collectors, investors and the public: the face value and legal tender status are governed by other laws, but the physical and collectible attributes (metal fineness, weight, diameter, commemorative design) are set here. Changes in fineness or weight can affect intrinsic (metal) value and collector perception.\n\nWhy it matters (claimed purpose and practical implications)\n\n- The instrument is a technical manufacturing order: it determines what physical coins the Mint is authorised to produce in particular designs and metal grades (section 3; Schedule 1). The official purpose is to authorise and define those coins. \n\n- Practical implications to weigh when implementing the claimed purpose:\n - Cost and pricing: changing stated metal purity (from 99.99% to 99.9% silver in amended determinations) can reduce the Mint's constraints on sourcing refined metal, which may lower procurement cost or broaden supplier options. It also changes intrinsic metal content calculations used by retailers and buyers (Schedules 2 and 3). \n - Production and QA costs: any change in weight, diameter or edge/shape requires tooling and quality-control adjustments at the Mint (section 3; Schedule 1). These are one-off implementation costs plus ongoing QA obligations to meet tolerances. \n - Market signals: specified weights, purities and designs determine bullion-based resale value and collector interest. Even small changes in fineness or weight can change secondary-market prices for commemorative or bullion coins. \n - Administrative scope: the Determination is narrowly prescriptive (physical specs and design texts). It does not create new regulatory regimes or duties beyond directing coin specifications, nor does it alter legal tender rules directly (those remain under the Currency Act and other relevant instruments). (See section 4 limiting effect on other determinations.)\n\nCosts, incentives and trade-offs (mechanical, not political)\n\n- Who pays: the Mint bears production and tooling costs; those costs may be recouped via coin sale prices to retailers or collectors. Suppliers of slightly different purities may gain or lose depending on procurement changes.\n\n- Incentives: loosening a purity requirement (99.99% → 99.9%) increases the Mint's ability to source standard commercial silver rather than ultra-high-fineness silver, reducing procurement friction and possibly price. It also reduces the marginal premium for extremely high-purity silver suppliers.\n\n- Compliance burden and implementation risk: the Mint must ensure dies, machine settings and QA checks meet the listed tolerances (section 3). Mistakes (wrong weight, wrong inscription, wrong shape) would create defective stock and potential reputational/recall costs.\n\n- Effects on private choice and markets: the Determination constrains the physical product the Mint may issue, which in turn constrains what collectors and bullion buyers can purchase from the Mint; however it does not regulate private sale of existing coins nor restrict the operation of independent coin dealers beyond usual commercial effects.\n\nConcrete references to the instrument's mechanics\n\n- Section 3 and Schedule 1 set the specifications to be followed for each listed coin. \n- Schedule 1 Part 2 decodes the short design/shape/edge symbols into full descriptions.\n- Schedule 2 and Schedule 3 amend prior Determinations to change silver purity statements and one item's size/weight numbers.\n\nNet summary sentence\n\nThis is a technical Mint specification instrument that prescribes exact metal, weight, dimension and design details for specified Australian coins and makes limited corrections to earlier specifications (notably changing some silver fineness references from 99.99% to 99.9% and adjusting one coin's weight/diameter). It primarily affects the Mint's manufacturing requirements, metal suppliers and coin-market participants because it changes the physical attributes and supply conditions of those coins."},"kimi_summary":{"content_quality":"ok","complexity_score":3,"scope_assessment":{"changed":false,"description":"The legislation remains tightly focused on its original purpose: specifying technical standards for particular commemorative coins and correcting technical errors in related instruments. There is no scope creep beyond the Currency Act's standard remit for coin specifications."},"complexity_factors":["Heavy reliance on tabular data and symbolic shorthand (S1, E3, R304, etc.) requiring cross-referencing between Part 1 and Part 2 of Schedule 1","Amendment provisions (Schedules 2 and 3) require the reader to mentally overlay changes onto unseen prior determinations to understand the full effect","Precise technical specifications with measurement tolerances (e.g., '36.31 ± 0.64') create dense, conditional data rather than narrative text","Multiple cross-references between sections and schedules (e.g., 'section 3' references Schedule 1, 'section 5' references Schedule 2)","Only 6 substantive items but packaged with 4 amendment items across 3 schedules, creating structural fragmentation"],"plain_english_summary":"This legal document sets the official specifications for six new Australian commemorative coins to be minted in 2002–2003, and also fixes some technical errors in two earlier coin determinations from the same year.\n\n**What it does:**\n- **Authorises new coins**: It legally approves the production of six specific commemorative coins:\n - A $5 silver coin for the \"Year of the Outback\" featuring The Olgas with a colour-changing optical effect\n - Two $1 coins marking the 50th anniversary of the Korean War (one in silver, one in standard copper-nickel alloy)\n - Two 50-cent coins marking the 50th anniversary of Queen Elizabeth II's coronation (one in silver, one in standard copper-nickel)\n - A $100 gold coin also marking the Coronation anniversary\n\n- **Sets technical standards**: For each coin, it specifies:\n - What metals to use (e.g., \"not less than 99.9% silver\")\n - Exact weight and allowable manufacturing tolerance (e.g., 36.31 grams plus or minus 0.64 grams)\n - Size and shape (diameter, thickness, whether circular or dodecahedral)\n - Edge type (milled, plain, or segmented)\n - Design details for both sides of the coin\n\n- **Fixes earlier mistakes**: It corrects two previous determinations from 2002:\n - Changes silver purity specifications from 99.99% to 99.9% (a technical correction)\n - Fixes a swapped diameter/weight error in one coin specification\n\n**Who it affects:**\n- The Royal Australian Mint (the government body that makes Australia's coins)\n- Coin collectors and investors who purchase these commemorative issues\n- Anyone who needs to verify whether a coin is genuine legal tender\n\n**Why it matters:**\nWithout this determination, these coins could not be legally produced as Australian currency. The document ensures coins are made to consistent standards so they can be authenticated, and it maintains public confidence in commemorative currency issues. The technical corrections prevent manufacturing confusion and ensure the coins meet the actual specifications intended."}},"importantCases":[],"_links":{"self":"/api/acts/currency-royal-australian-mint-determination-2002-no-4","history":"/api/acts/currency-royal-australian-mint-determination-2002-no-4/history","analysis":"/api/acts/currency-royal-australian-mint-determination-2002-no-4/analysis","conflicts":"/api/acts/currency-royal-australian-mint-determination-2002-no-4/conflicts","importantCases":"/api/acts/currency-royal-australian-mint-determination-2002-no-4/important-cases","documents":"/api/acts/currency-royal-australian-mint-determination-2002-no-4/documents"}}