{"id":"F2006B00502","name":"Currency (Royal Australian Mint) Determination 2004 (No. 8)","slug":"currency-royal-australian-mint-determination-2004-no-8","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":436731,"registerId":"F2006B00502-fast-fetch-1775953839693","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. 8)","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. 8)\n\nI, ROSS CAMERON, Parliamentary Secretary to the Treasurer, make this Determination under subsection 13A (1) of the Currency Act 1965.\n\nDated 31 August 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. 8).\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 subsection 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 | 11.66g ± 0.240g |\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 2005’. |\n| Reverse design | A design consisting of:
(a) a representation of the silhouette of an Australian soldier playing a bugle; and
(b) the following inscriptions:
(i) ‘GALLIPOLI’;
(ii) ‘LEST WE FORGET’;
(iii) ‘1915 – 2005’;
(iv) ‘1 DOLLAR’. |\n\n\n \n\n| Item 2 | $1 coin |\n| --- | --- |\n| Denomination | $1 |\n| Standard composition | Copper, aluminium and nickel |\n| Standard weight and allowable variation | 9.00g ± 0.280g |\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 2005’. |\n| Reverse design | A design consisting of:
(a) a representation of the silhouette of an Australian soldier playing a bugle; and
(b) the following inscriptions:
(i) ‘GALLIPOLI’;
(ii) ‘LEST WE FORGET’;
(iii) ‘1915 – 2005’;
(iv) ‘1 DOLLAR’;
(v) ‘B’, ‘C’, ‘M’, ‘S’, ‘H’, ‘P’, ‘D’, ‘A’ or ‘G’. |\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":2,"scope_assessment":{"changed":false,"description":"This Determination stays within the Currency Act’s ordinary function of prescribing technical specifications for coins. It adds two commemorative $1 coin specifications (one silver bullion-style and one alloy circulating-style) but does not broaden the Act’s purpose or expand powers beyond specifying denomination, composition and design. The instrument is a narrow, purpose-specific addition rather than a substantive change of scope."},"complexity_factors":["Very short instrument (4 clauses plus a single Schedule)","Single cross-reference to subsection 13A(1) of the Currency Act 1965","Schedule contains 2 items (two coin specifications) with straightforward numeric tolerances","No interpretation/definitions section and no nested conditional logic","One ancillary clause (section 4) specifying non-impact on other determinations"],"plain_english_summary":"**What this instrument does (mechanically)**\n\n- This is a short administrative order made under the Currency Act 1965 that adds technical specifications for two $1 coins. (See section 3 and Schedule 1.)\n- It sets the denomination, metal composition, standard weight and allowable tolerance, maximum diameter and thickness, shape, edge form, and the obverse and reverse designs for each coin.\n- It applies in addition to any other coin specifications already made (section 4 says these specifications do not affect other determinations).\n- It takes effect when it is published in the Gazette (section 2).\n\n**The two coins described**\n\n- Item 1: A $1 coin made of at least 99.9% silver, standard weight 11.66 g (±0.240 g), diameter up to 25.12 mm, thickness up to 2.80 mm, circular, 14-edge segments (7 milled, 7 plain). Obverse: effigy of Queen Elizabeth II with monogram ‘IRB’ and inscriptions ‘ELIZABETH II’ and ‘AUSTRALIA 2005’. Reverse: silhouette of an Australian soldier playing a bugle and the inscriptions ‘GALLIPOLI’, ‘LEST WE FORGET’, ‘1915 – 2005’, and ‘1 DOLLAR’. (Schedule 1, Item 1.)\n- Item 2: A $1 coin of standard circulating mix (copper, aluminium and nickel), standard weight 9.00 g (±0.280 g), same diameter/thickness/edge as Item 1, same obverse and largely same reverse as Item 1 but the reverse may also bear a mintmark letter drawn from a list (eg. ‘B’, ‘C’, ‘M’, ‘S’, ‘H’, ‘P’, ‘D’, ‘A’ or ‘G’). (Schedule 1, Item 2.)\n\n**Who this affects**\n\n- Royal Australian Mint: the Mint is the body that will manufacture coins to these specifications.\n- Suppliers and manufacturers of blanks and production equipment: must meet the specified metal content, weights, dimensions and edge form.\n- Coin distributors, secondary-market dealers and collectors: the silver version is a bullion/collector-style coin; the circulating alloy version is a commemorative circulating coin with mintmark variants.\n- Businesses and operators of coin-handling equipment (vending machines, parking meters, coin sorters, banks and cash-handling systems): machines that validate coins by weight, diameter, thickness or edge will need to accept the two specified weight/composition profiles. Although diameter and thickness are identical across the two items, the silver coin is heavier, which can affect weight-sensitive validators.\n- Users of cash and the general public: the Determination creates legal specifications for new $1 coins that will enter circulation or be sold as bullion/collector items.\n\n**Why it matters (stated purpose and practical effects)**\n\n- The instrument’s stated effect is to prescribe the technical and design details for two commemorative $1 coins (the designs reference Gallipoli and the years 1915–2005). That makes it operationally possible for the Mint to strike and distribute those coins under the Currency Act framework (section 3 and Schedule 1).\n- Practical effects and trade-offs:\n - Production and sales: the silver coin (99.9% silver, heavier) is likely aimed at the collector/bullion market and will have production costs tied to silver prices; the circulating alloy coin is designed to circulate like other $1 coins but carries a commemorative design and optional mintmark. These differences create distinct revenue and cost profiles for the Mint (e.g. bullion premium, seigniorage on circulating coins).\n - Machine acceptance: because diameter and thickness are the same but weights differ, some coin validators that check weight as part of authentication may need recalibration or risk rejecting the silver piece. This is an operational consideration for businesses that rely on weight-sensitive coin validation (section Schedule 1, weight/allowable variation, diameter, thickness, edge).\n - Identification and counterfeiting: the specified edge segmentation (14 segments with alternating milled/plain) and detailed design inscriptions provide physical features that assist recognition and counterfeit deterrence.\n\n**Who pays, who decides, and what behaviour changes**\n\n- Who decides: the Parliamentary Secretary to the Treasurer made the Determination under subsection 13A(1) of the Currency Act 1965 (instrument preamble and section 3).\n- Who pays: production costs are borne initially by the Mint (and ultimately passed to purchasers for bullion/collector pieces, or absorbed/offset by seigniorage on circulating pieces). Businesses that operate coin validators may incur costs to test or recalibrate equipment if the new weights matter for their validation processes.\n- Behaviour changes: the Mint will produce coins matching these specifications; collectors and investors may purchase the silver piece; coin-handling systems may need to verify compatibility; retailers and the public will begin to encounter the commemorative designs in commerce or through sales channels.\n\n**Implementation risks and compliance burden**\n\n- Low to moderate implementation risk for the Mint (standard minting procedure); moderate for downstream users where weight differences matter. The Determination imposes little administrative compliance burden beyond meeting technical production standards and communicating coin features to stakeholders.\n\n**Source’s claimed purpose and a quick test against costs/incentives**\n\n- The Determination claims to specify new commemorative coin designs and technical standards so the Mint can produce them (see Schedule 1). That is a narrow administrative function.\n- Costs and incentives are straightforward: the silver coin exposes the Mint and purchasers to metal-price risk; the circulating commemorative coin confers a collectible attribute without changing denomination. Potentially concentrated benefits accrue to collectors and the Mint (sales of a specialty silver coin); costs are diffuse (minor calibration costs, potential acceptance friction in coin validators). Section 4 expressly preserves other specifications, so this is a narrow add-on rather than a replacement of existing coin standards.\n\n"},"kimi_summary":{"content_quality":"ok","complexity_score":2,"scope_assessment":{"changed":false,"description":"The determination remains tightly focused on its original purpose: specifying technical details for commemorative coinage. It has not expanded beyond the standard framework for currency determinations under the Currency Act 1965."},"complexity_factors":["Short, single-purpose instrument (only 4 operative sections plus a schedule)","No defined terms section—ordinary language used throughout","Minimal cross-referencing (only references to Currency Act 1965, subsection 13A(1))","Simple tabular format for specifications with no conditional logic or exceptions","Straightforward commencement clause (Gazette notification)","No nested provisions or 'if/then' structures"],"plain_english_summary":"This law authorises the Royal Australian Mint to issue two commemorative $1 coins for the 2005 90th anniversary of the Gallipoli landings—one high‑purity silver collector piece and one standard circulation alloy—setting their exact materials, weights, dimensions, edge pattern, obverse/reverse design and mint‑marking. It binds the Mint to those specs, protects authenticity and legal‑tender status, and preserves the integrity of the ANZAC commemoration."}},"importantCases":[],"_links":{"self":"/api/acts/currency-royal-australian-mint-determination-2004-no-8","history":"/api/acts/currency-royal-australian-mint-determination-2004-no-8/history","analysis":"/api/acts/currency-royal-australian-mint-determination-2004-no-8/analysis","conflicts":"/api/acts/currency-royal-australian-mint-determination-2004-no-8/conflicts","importantCases":"/api/acts/currency-royal-australian-mint-determination-2004-no-8/important-cases","documents":"/api/acts/currency-royal-australian-mint-determination-2004-no-8/documents"}}