{"id":"F2006B00532","name":"Currency (Royal Australian Mint) Determination 2004 (No. 4)","slug":"currency-royal-australian-mint-determination-2004-no-4","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":436740,"registerId":"F2006B00532-fast-fetch-1775953843929","compilationNumber":null,"startDate":"2026-04-12","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Currency (Royal Australian Mint) Determination 2004 (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 2004 (No. 4)\n\nI, ROSS CAMERON, Parliamentary Secretary to the Treasurer, make this Determination under subsections 13 (2) and 13A (1) of the Currency Act 1965.\n\nDated 9 June 2004\n\nROSS CAMERON\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\nSchedule 1 Specifications of coins \n\n \n\n \n\n \n\n1 Name of Determination\n\n This Determination is the Currency (Royal Australian Mint) Determination 2004 (No. 4).\n\n2 Commencement\n\n This Determination commences on the date of its notification in the Gazette.\n\n3 Specification of coins\n\n For subsections 13 (2) and 13A (1) of the Currency Act 1965, each item in Schedule 1 specifies:\n\n (a) the denomination of a coin; and\n\n (b) the coin’s standard composition; and\n\n (c) the coin’s standard weight, and the allowable variation from that weight; and\n\n (d) the coin’s dimensions; and\n\n (e) the coin’s design.\n\n4 Application of Determination\n\n The specifications in Schedule 1 do not affect any other determination of the specifications of a coin.\n\nSchedule 1 Specifications of coins\n\n(section 3)\n\n \n\n \n\n| Item 1 | $1 coin |\n| --- | --- |\n| Denomination | $1 |\n| Standard composition | At least 99.9% silver |\n| Standard weight and allowable variation | 5.60g ± 0.15g |\n| Maximum diameter | 21.40mm |\n| Maximum thickness | 2.10mm |\n| Shape | Heptagon |\n| Edge | Plain |\n| Obverse design | An effigy of Queen Elizabeth II, and the monogram ‘IRB’ surrounded by the inscriptions:
(a) ‘ELIZABETH II’; and
(b) ‘AUSTRALIA 2004’; and
(c) ‘ONE DOLLAR’. |\n| Reverse design | A design consisting of:
(a) a stylised representation of a lion in profile holding seals; and
(b) the inscription ‘TESTING R. AUST. MINT’. |\n\n\n \n\n| Item 2 | $1 coin |\n| --- | --- |\n| Denomination | $1 |\n| Standard composition | At least 99.9% silver |\n| Standard weight and allowable variation | 5.79g ± 0.16g |\n| Maximum diameter | 23.80mm |\n| Maximum thickness | 2.00mm |\n| Shape | Scalloped |\n| Edge | Plain |\n| Obverse design | An effigy of Queen Elizabeth II, and the monogram ‘IRB’ surrounded by the inscriptions:
(a) ‘ELIZABETH II’; and
(b) ‘AUSTRALIA 2004’. |\n| Reverse design | A design consisting of:
(a) a representation, in traditional Australian Aboriginal style, of 5 kangaroos against a background of elongated dots; and
(b) the inscription ‘ONE DOLLAR’. |\n\n\n \n\n| Item 3 | $1 coin |\n| --- | --- |\n| Denomination | $1 |\n| Standard composition | At least 99.9% silver |\n| Standard weight and allowable variation | 11.66g ± 0.24g |\n| Maximum diameter | 25.12mm |\n| Maximum thickness | 2.80mm |\n| Shape | Circular |\n| Edge | 14 segments, of which 7 are milled and 7 are plain |\n| Obverse design | An effigy of Queen Elizabeth II, and the monogram ‘IRB’ surrounded by the inscriptions:
(a) ‘ELIZABETH II’; and
(b) ‘AUSTRALIA 2004’. |\n| Reverse design | A design consisting of:
(a) a representation of a wombat; and
(b) the inscription ‘1 DOLLAR’. |\n\n\n \n\n| Item 4 | $1 coin |\n| --- | --- |\n| Denomination | $1 |\n| Standard composition | At least 99.9% silver |\n| Standard weight and allowable variation | 11.66g ± 0.24g |\n| Maximum diameter | 25.12mm |\n| Maximum thickness | 2.80mm |\n| Shape | Circular |\n| Edge | 14 segments, of which 7 are milled and 7 are plain |\n| Obverse design | An effigy of Queen Elizabeth II, and the monogram ‘IRB’ surrounded by the inscriptions:
(a) ‘ELIZABETH II’; and
(b) ‘AUSTRALIA 2004’. |\n| Reverse design | A design consisting of:
(a) a representation of an Australian swagman; and
(b) the following inscriptions:
(i) ‘A.B.“BANJO” PATTERSON’;
(ii) ‘1 DOLLAR’;
(iii) ‘Waltzing Matilda’;
(iv) ‘1895’;
(v) ‘1995’. |\n\n\n \n\n| Item 5 | $1 coin |\n| --- | --- |\n| Denomination | $1 |\n| Standard composition | At least 99.9% silver |\n| Standard weight and allowable variation | 11.66g ± 0.24g |\n| Maximum diameter | 25.12mm |\n| Maximum thickness | 2.80mm |\n| Shape | Circular |\n| Edge | 14 segments, of which 7 are milled and 7 are plain |\n| Obverse design | An effigy of Queen Elizabeth II, and the monogram ‘IRB’ surrounded by the inscriptions:
(a) ‘ELIZABETH II’; and
(b) ‘AUSTRALIA 2004’. |\n| Reverse design | A design consisting of:
(a) 4 representations of an Australian $1 dollar note, progressively reduced in size; and
(b) a representation of the reverse of an Australian $1 dollar coin superimposed on the Australian $1 dollar note; and
(c) the inscriptions:
(i) ‘1984’;
(ii) ‘1994’. |\n\n\n \n\n| Item 6 | $1 coin |\n| --- | --- |\n| Denomination | $1 |\n| Standard composition | At least 99.9% silver |\n| Standard weight and allowable variation | 31.635g ± 0.50g |\n| Maximum diameter | 40.15mm |\n| Maximum thickness | 3.50mm |\n| Shape | Circular |\n| Edge | Continuously milled |\n| Obverse design | An effigy of Queen Elizabeth II, and the monogram ‘IRB’ surrounded by the inscriptions:
(a) ‘ELIZABETH II’; and
(b) ‘AUSTRALIA 2004’. |\n| Reverse design | A design consisting of:
(a) a representation of 5 kangaroos; and
(b) the inscription ‘1 DOLLAR’. |\n\n\n \n\n| Item 7 | $150 coin |\n| --- | --- |\n| Denomination | $150 |\n| Standard composition | At least 99.99% gold |\n| Standard weight and allowable variation | 10.368g ± 0.100g |\n| Maximum diameter | 25.10mm |\n| Maximum thickness | 1.50mm |\n| Shape | Circular |\n| Edge | Continuously milled |\n| Obverse design | An effigy of Queen Elizabeth II, and the monogram ‘IRB’ surrounded by the inscriptions:
(a) ‘ELIZABETH II’; and
(b) ‘AUSTRALIA 2004’. |\n| Reverse design | A design consisting of:
(a) a representation of a lawyer vine (calamus muelleri); and
(b) a representation of a cassowary superimposed on the representation of a lawyer vine; and
(c) the inscription ‘150 DOLLARS’. |\n\n\n \n\n| Item 8 | $200 coin |\n| --- | --- |\n| Denomination | $200 |\n| Standard composition | At least 99.9% gold |\n| Standard weight and allowable variation | 15.792g ± 0.240g |\n| Maximum diameter | 30.10mm |\n| Maximum thickness | 1.80mm |\n| Shape | Circular |\n| Edge | Continuously milled |\n| Obverse design | An effigy of Queen Elizabeth II, and the monogram ‘IRB’ surrounded by the inscriptions:
(a) ‘ELIZABETH II’; and
(b) ‘AUSTRALIA 2004’. |\n| Reverse design | A design consisting of:
(a) a representation of a lawyer vine (calamus muelleri); and
(b) a representation of a cassowary superimposed on the representation of a lawyer vine; and
(c) the inscription ‘200 DOLLARS’. |\n\n \n","sortOrder":0}],"analysis":{"kimi_summary":{"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"This determination remains tightly scoped to its original purpose: authorising specific commemorative coins for 2004. It does not expand beyond the technical specification of coin characteristics under the Currency Act 1965."},"complexity_factors":["Straightforward tabular structure with 8 items, each following an identical format","No defined terms section—common language used throughout","Minimal cross-referencing (only references to the parent Currency Act 1965 in the enabling provisions)","Simple conditional logic: one savings clause in section 4 preserving other determinations","No nested exceptions or complex procedural requirements","Highly prescriptive but mechanically simple content (physical specifications only)"],"plain_english_summary":"This law authorises the Royal Australian Mint to produce eight 2004 commemorative coins (seven silver $1 and two gold high‑value pieces) with exact metal purity, weight, dimensions and designs. \n\nIt affects collectors, investors, the Mint and anyone accepting these legal‑tender but primarily collectible coins, ensuring consistent, authentic commemoratives depicting Indigenous art, native fauna and Australian currency history."},"flash_summary":{"complexity_score":2,"scope_assessment":{"changed":false,"description":"This Determination stays within the Currency Act's routine power to specify coin characteristics for the Royal Australian Mint. It does not broaden the statutory authority or create new regulatory regimes; it simply records the physical and design specifications for eight coins (several commemorative $1 silver coins and two high‑value gold coins). While the catalogue of items includes high‑value gold denominations, that is an instance of specifying new coin issues rather than a change in the underlying scope or purpose of the Currency Act power (see section 3 and Schedule 1). Section 4 expressly preserves other determinations, so it does not displace earlier specifications."},"complexity_factors":["Short instrument: 4 substantive clauses (Name, Commencement, Specification, Application) plus Schedule 1","Schedule 1 lists 8 separate coin items, each with the same repeated set of fields (denomination, composition, weight/tolerance, dimensions, shape, edge, obverse and reverse design)","One external cross‑reference: made under Currency Act 1965 (subss. 13(2) and 13A(1))","No defined terms or interpretive sections within the Determination itself","No nested conditional logic or multi-layered exceptions; section 4 only provides a simple non-derogation statement"],"plain_english_summary":"**What this instrument does (mechanically)\n\n- This Determination, made under the Currency Act 1965 (subss. 13(2) and 13A(1)), sets out the physical specifications for eight coins that the Royal Australian Mint may produce (see section 3 and Schedule 1). The specifications include denomination, metal composition, standard weight and allowable variation, maximum diameter and thickness, shape, edge type, and the obverse and reverse designs.\n\n- Section 4 says these specifications do not override or alter any other determination about a coin’s specifications.\n\nWhich people and organisations it affects\n\n- The Royal Australian Mint: it is the body authorised to make coins and will use these specifications when striking the coins described in Schedule 1 (mechanical effect: gives the Mint formal, statutory specifications to follow).\n- Buyers and dealers of collector coins (numismatists, bullion dealers, retailers): they will use the specifications to buy, value, grade and market the items. Precious-metal content and weight tolerances are particularly relevant to pricing.\n- Cash handlers, banks and government agencies: the details describe legal physical characteristics that distinguish these coins from circulating coinage (practical relevance depends on whether the coins are intended for circulation or for collectors/bullion sale).\n\nKey features in plain terms\n\n- Eight items are specified in Schedule 1: six items denominated $1 (various sizes, shapes and designs), one $150 coin and one $200 coin.\n- Precious-metal content is high: the $1 coins in this Determination are specified as \"at least 99.9% silver\"; the $150 coin is \"at least 99.99% gold\" and the $200 coin \"at least 99.9% gold.\" Each coin has stated weight, allowable tolerance, diameter, thickness, shape and edge. Each also has a prescribed obverse (the Queen’s effigy and monogram) and a prescribed reverse design (described in words).\n- The Determination is limited to stating those physical and design specifications; section 4 expressly says it does not replace or change any other determinations that may exist.\n\nOfficial purpose-claim and a quick test of consequences\n\n- The instrument’s stated legal purpose (itself) is to specify coin characteristics for the Mint under the Currency Act (see heading and section 3). That is, it authorises and records precise physical and design standards the Mint must (or may) follow when producing the listed coins.\n\n- Costs and incentives: listing precious-metal content and exact weights creates a clear production cost for the Mint (gold and silver inputs) and sets a measurable metal value that traders/collectors will use. If the metal content’s market value approaches or exceeds face value (likely for high-purity gold/silver), buyers may treat the coins as bullion or collector pieces rather than circulating change. This drives different pricing (premiums over face value) and possible secondary-market trading.\n\n- Trade-offs and opportunity costs: using precious metals and multiple commemorative $1 designs tends to direct Mint resources towards collector/bullion products rather than low-cost circulating coins. There is an opportunity cost in Mint capacity and public funds (if the Mint is subsidised) versus other production or services.\n\n- Implementation and compliance risk: the Determination is mechanically simple to apply (precise weights, diameters, designs). Practical issues arise in design reproduction (ensuring dies match the verbal descriptions) and, where designs reference cultural styles (for example, \"traditional Australian Aboriginal style\" used for one reverse), ensuring appropriate permissions and cultural protocols are observed in design use.\n\n- Effects on private markets and competition: the Determination centralises specification with the Mint (the statutory issuer). It does not itself create or alter market rules for resale, nor does it authorise other mints to produce identical legal-tender coins. Secondary markets (dealers, auction houses) are likely to be affected through supply of new issues and their valuation.\n\nWho pays, who decides, and what behaviour changes\n\n- Who pays: the immediate production cost of these coins is borne by the Mint; if coins are sold to collectors or investors, purchasers pay the Mint or authorised dealers. Any net cost or revenue impact to government depends on Mint commercial arrangements and is not stated here.\n- Who decides: the Parliamentary Secretary to the Treasurer made the Determination under the Currency Act; the Mint implements it by producing the coins to the stated specs.\n- Behavioural changes: the Mint is enabled to produce coins meeting these specifications; collectors, bullion dealers and the public may buy or trade them. Because of high precious-metal content, these coins are likely to circulate (in practice) as collector or bullion items rather than as everyday change.\n\nRelevant provisions cited: made under subsections 13(2) and 13A(1) of the Currency Act 1965; operative rules in section 3 and the specific specifications in Schedule 1; non-derogation clause in section 4.\n\n(End of summary.)"},"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"}},"importantCases":[],"_links":{"self":"/api/acts/currency-royal-australian-mint-determination-2004-no-4","history":"/api/acts/currency-royal-australian-mint-determination-2004-no-4/history","analysis":"/api/acts/currency-royal-australian-mint-determination-2004-no-4/analysis","conflicts":"/api/acts/currency-royal-australian-mint-determination-2004-no-4/conflicts","importantCases":"/api/acts/currency-royal-australian-mint-determination-2004-no-4/important-cases","documents":"/api/acts/currency-royal-australian-mint-determination-2004-no-4/documents"}}