{"id":"F2012L01815","name":"Currency (Royal Australian Mint) Determination 2012 (No. 4)","slug":"currency-royal-australian-mint-determination-2012-no-4","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":89792,"registerId":"commonwealth-F2012L01815-current","compilationNumber":null,"startDate":"2026-04-02","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Name of Determination","content":"1 Name of Determination\n\nThis Determination is the Currency (Royal Australian Mint) Determination 2012 (No. 4).\n\n","sortOrder":0},{"sectionNumber":"2","sectionType":"section","heading":"Commencement","content":"2 Commencement\n\nThis Determination commences on the day after it is registered.\n\n","sortOrder":1},{"sectionNumber":"3","sectionType":"section","heading":"Definitions","content":"3 Definitions\n\nIn this Determination:\n\nAct means the Currency Act 1965.\n\n","sortOrder":2},{"sectionNumber":"4","sectionType":"section","heading":"Standard weight, allowable variation, dimensions and design","content":"4 Standard weight, allowable variation, dimensions and design\n\n(1) For subsection 13A (1) of the Act, on and after the day on which this Determination commences, each item in Part 1 of Schedule 1 specifies, for a coin having the denomination and standard composition mentioned in the item (being a coin whose denomination is specified, or taken to be specified, in the Schedule to the Act):\n\n(a) the coin’s standard weight; and\n\n(b) the allowable variation from that standard weight; and\n\n(c) the coin’s dimensions; and\n\n(d) the coin’s design.\n\n(2) Subsection (1) does not affect any other determination of the standard weight and allowable variation, dimensions or design of a coin, made under subsection 13A (1) of the Act.\n\n","sortOrder":3},{"sectionNumber":"Sch 1","sectionType":"schedule","heading":null,"content":"Schedule 1\n\n(section 4)\n\n","sortOrder":4},{"sectionNumber":"Part 1","sectionType":"part","heading":"Specifications of coins","content":"Part 1 Specifications of coins\n\n```html\n

Item

Denomination

Standard composition

Standard weight and allowable variation (g)

Dimensions

Design

Maximum diameter (mm)

Maximum thickness (mm)

Shape

Edge

Obverse

Reverse

1

$1

Not less than 99.9% silver

31.103 + 3.00

40.50

3.80

S1

E1

O1

R1

2

$10

Not less than 99.9% silver

155.51 + 3.00

65.50

5.90

S1

E1

O2

R2

3

$30

Not less than 99.9% silver

1000.90 + 9.50

100.90

14.50

S1

E1

O3

R3

4

$100

Not less than 99.99% gold

31.103 + 1.50

39.00

2.70

S1

E1

O4

R4

5

$500

Not less than 99.99% gold

155.51 + 1.80

61.00

4.30

S1

E1

O5

R5

6

$3000

Not less than 99.99% gold

1000.00 + 3.00

75.30

14.00

S1

E1

O6

R6

7

$1

Copper, aluminium and nickel

9.00 ± 0.66

25.20

3.46

S1

E2

O7

R7

8

$1

Copper, aluminium and nickel

9.00 ± 0.66

25.20

3.46

S1

E2

O8

R8

9

$1

Copper, aluminium and nickel

9.00 ± 0.66

25.20

3.46

S1

E2

O8

R9

10

$1

Copper, aluminium and nickel

9.00 ± 0.66

25.20

3.46

S1

E2

O8

R10

11

$1

Copper, aluminium and nickel

9.00 ± 0.66

25.20

3.46

S1

E2

O8

R11

12

$1

Copper, aluminium and nickel

9.00 ± 0.66

25.20

3.46

S1

E2

O8

R12

13

$1

Copper, aluminium and nickel

9.00 ± 0.66

25.20

3.46

S1

E2

O8

R13

14

$1

Copper, aluminium and nickel

9.00 ± 0.66

25.20

3.46

S1

E2

O8

R14

15

$1

Copper, aluminium and nickel

9.00 ± 0.66

25.20

3.46

S1

E2

O8

R15

16

$1

Copper, aluminium and nickel

9.00 ± 0.66

25.20

3.46

S1

E2

O8

R16

17

$1

Copper, aluminium and nickel

9.00 ± 0.66

25.20

3.46

S1

E2

O8

R17

18

$1

Copper, aluminium and nickel

9.00 ± 0.66

25.20

3.46

S1

E2

O8

R18

19

$1

Copper, aluminium and nickel

9.00 ± 0.66

25.20

3.46

S1

E2

O8

R19

20

$1

Copper, aluminium and nickel

9.00 ± 0.66

25.20

3.46

S1

E2

O8

R20

21

$1

Copper, aluminium and nickel

9.00 ± 0.66

25.20

3.46

S1

E2

O8

R21

22

$1

Copper, aluminium and nickel

9.00 ± 0.66

25.20

3.46

S1

E2

O8

R22

23

$1

Copper, aluminium and nickel

9.00 ± 0.66

25.20

3.46

S1

E2

O8

R23

24

$1

Copper, aluminium and nickel

9.00 ± 0.66

25.20

3.46

S1

E2

O8

R24

25

$1

Copper, aluminium and nickel

9.00 ± 0.66

25.20

3.46

S1

E2

O8

R25

26

$1

Not less than 99.9% silver

31.103 + 3.00

40.50

3.80

S1

E1

O7

R26

27

$1

Not less than 99.9% silver

31.103 + 3.00

40.50

3.80

S1

E1

O7

R27

28

$1

Not less than 99.9% silver

31.103 + 3.00

40.50

3.80

S1

E1

O7

R28

29

$1

Not less than 99.9% silver

31.103 + 3.00

40.50

3.80

S1

E1

O7

R29

30

$1

Not less than 99.9% silver

31.103 + 3.00

40.50

3.80

S1

E1

O7

R30

31

$1

Not less than 99.9% silver

31.103 + 3.00

40.50

3.80

S1

E1

O7

R31

32

$1

Not less than 99.9% silver

31.103 + 3.00

40.50

3.80

S1

E1

O7

R32

33

$1

Not less than 99.9% silver

31.103 + 3.00

40.50

3.80

S1

E1

O7

R33

34

$1

Not less than 99.9% silver

31.103 + 3.00

40.50

3.80

S1

E1

O7

R34

35

$1

Not less than 99.9% silver

31.103 + 3.00

40.50

3.80

S1

E1

O7

R35

36

$1

Not less than 99.9% silver

31.103 + 3.00

40.50

3.80

S1

E1

O7

R36

37

$1

Not less than 99.9% silver

31.103 + 3.00

40.50

3.80

S1

E1

O7

R37

38

$1

Not less than 99.9% silver

31.103 + 3.00

40.50

3.80

S1

E1

O7

R38

39

$1

Not less than 99.9% silver

31.103 + 3.00

40.50

3.80

S1

E1

O7

R39

40

$1

Not less than 99.9% silver

31.103 + 3.00

40.50

3.80

S1

E1

O7

R40

41

$1

Not less than 99.9% silver

31.103 + 3.00

40.50

3.80

S1

E1

O7

R41

42

$1

Not less than 99.9% silver

31.103 + 3.00

40.50

3.80

S1

E1

O7

R42

43

$1

Not less than 99.9% silver

31.103 + 3.00

40.50

3.80

S1

E1

O7

R43

\n```\n\n","sortOrder":5},{"sectionNumber":"Part 2","sectionType":"part","heading":"Explanation of symbols","content":"Part 2 Explanation of symbols \n\n| Item | Design Feature | Symbol | Explanation |\n| ---- | -------------- | ------ | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |\n| 1 | Shape | S1 | Circular |\n| 2 | Edge | E1 | Continuously milled |\n| 3 | Edge | E2 | Interrupted milling |\n| 4 | Obverse | O1 | A design consisting of Queen Elizabeth II and the following:(a) ‘IRB’;(b) ‘ELIZABETH II’;(c) ‘AUSTRALIA 2013’;(d) ‘. 1 DOLLAR .’ |\n| 5 | Obverse | O2 | A design consisting of Queen Elizabeth II and the following:(a) ‘IRB’;(b) ‘ELIZABETH II’;(c) ‘AUSTRALIA 2013’;(d) ‘.10 DOLLARS.’ |\n| 6 | Obverse | O3 | A design consisting of Queen Elizabeth II and the following:(a) ‘IRB’;(b) ‘ELIZABETH II’;(c) ‘AUSTRALIA 2013’;(d) ‘. 30 DOLLARS .’ |\n| 7 | Obverse | O4 | A design consisting of Queen Elizabeth II and the following:(a) ‘IRB’;(b) ‘ELIZABETH II’;(c) ‘AUSTRALIA 2013’;(d) ‘. 100 DOLLARS .’ |\n| 8 | Obverse | O5 | A design consisting of Queen Elizabeth II and the following:(a) ‘IRB’;(b) ‘ELIZABETH II’;(c) ‘AUSTRALIA 2013’;(d) ‘. 500 DOLLARS .’ |\n| 9 | Obverse | O6 | A design consisting of Queen Elizabeth II and the following:(a) ‘IRB’;(b) ‘ELIZABETH II’;(c) ‘AUSTRALIA 2013’;(d) ‘. 3000 DOLLARS .’ |\n| 10 | Obverse | O7 | A design consisting of Queen Elizabeth II and the following:(a) ‘IRB’;(b) ‘ELIZABETH II’;(c) ‘AUSTRALIA 2012’ |\n| 11 | Obverse | O8 | A design consisting of Queen Elizabeth II and the following:(a) ‘IRB’;(b) ‘ELIZABETH II’;(c) ‘AUSTRALIA 2012’;(d) ‘. 1 DOLLAR .’ |\n| 12 | Reverse | R1 | A design consisting of:(a) a stylised representation of a snake surrounded by waves; and a representation of two Chinese characters pronounced ‘Guĭ’ and ‘Sì’ respectively and meaning ‘year of the 10th of the heavenly stems and the 6th of the earthly branches’; and(b) the following:(i) ‘1 oz .999 SILVER’;(ii) the designer’s initials ‘CL’ |\n| 13 | Reverse | R2 | A design consisting of:(a) a stylised representation of a snake surrounded by waves; and(b) a representation of two Chinese characters pronounced ‘Guĭ’ and ‘Sì’ respectively and meaning ‘year of the 10th of the heavenly stems and the 6th of the earthly branches’; and(c) the following:(i) ‘5 oz .999 SILVER’;(ii) the designer’s initials ‘CL’ |\n| 14 | Reverse | R3 | A design consisting of:(a) a stylised representation of a snake surrounded by waves; and(b) a representation of two Chinese characters pronounced ‘Guĭ’ and ‘Sì’ respectively and meaning ‘year of the 10th of the heavenly stems and the 6th of the earthly branches’; and(c) the following:(i) ‘1 kg .999 SILVER’;(ii) the designer’s initials ‘CL’ |\n| 15 | Reverse | R4 | A design consisting of:(a) a stylised representation of a snake surrounded by waves; and(b) a representation of two Chinese characters pronounced ‘Guĭ’ and ‘Sì’ respectively and meaning ‘year of the 10th of the heavenly stems and the 6th of the earthly branches’; and(c) the following:(i) ‘1 oz .9999 GOLD’;(ii) the designer’s initials ‘CL’ |\n| 16 | Reverse | R5 | A design consisting of:(a) a stylised representation of a snake surrounded by waves; and(b) a representation of two Chinese characters pronounced ‘Guĭ’ and ‘Sì’ respectively and meaning ‘year of the 10th of the heavenly stems and the 6th of the earthly branches’; and(c) the following:(i) ‘5 oz .9999 GOLD’;(ii) the designer’s initials ‘CL’ |\n| 17 | Reverse | R6 | A design consisting of:(a) a stylised representation of a snake surrounded by waves; and(b) a representation of two Chinese characters pronounced ‘Guĭ’ and ‘Sì’ respectively and meaning ‘year of the 10th of the heavenly stems and the 6th of the earthly branches’; and(c) the following:(i) ‘1 kg .9999 GOLD’;(ii) the designer’s initials ‘CL’ |\n| 18 | Reverse | R7 | A design consisting of:(a) a stylised representation of the Australian Football League premiership cup, including:(i) the words ‘AUSTRALIAN FOOTBALL LEAGUE 2012 PREMIERSHIP CUP’;(ii) an ornamental design comprising of foliage; and(b) the following:(i) ‘2012 AFL PREMIERS’;(ii) ‘ONE DOLLAR’ |\n| 19 | Reverse | R8 | A design consisting of:(a) a stylised representation of the Australian Football League premiership cup, including:(i) the words ‘AUSTRALIAN FOOTBALL LEAGUE 2012 PREMIERSHIP CUP’;(ii) an ornamental design comprising of foliage; and(b) the following:(i) ‘2012 AFL PREMIERS’;(ii) ‘ADELAIDE FOOTBALL CLUB’ |\n| 20 | Reverse | R9 | As for item 19, replacing the reference in subparagraph (b)(ii) to ‘ADELAIDE FOOTBALL CLUB’ with ‘BRISBANE LIONS’ |\n| 21 | Reverse | R10 | As for item 19, replacing the reference in subparagraph (b)(ii) to ‘ADELAIDE FOOTBALL CLUB’ with ‘CARLTON FOOTBALL CLUB’ |\n| 22 | Reverse | R11 | As for item 19, replacing the reference in subparagraph (b)(ii) to ‘ADELAIDE FOOTBALL CLUB’ with ‘COLLINGWOOD FOOTBALL CLUB’ |\n| 23 | Reverse | R12 | As for item 19, replacing the reference in subparagraph (b)(ii) to ‘ADELAIDE FOOTBALL CLUB’ with ‘ESSENDON FOOTBALL CLUB’ |\n| 24 | Reverse | R13 | As for item 19, replacing the reference in subparagraph (b)(ii) to ‘ADELAIDE FOOTBALL CLUB’ with ‘FREMANTLE DOCKERS’ |\n| 25 | Reverse | R14 | As for item 19, replacing the reference in subparagraph (b)(ii) to ‘ADELAIDE FOOTBALL CLUB’ with ‘GEELONG CATS’ |\n| 26 | Reverse | R15 | As for item 19, replacing the reference in subparagraph (b)(ii) to ‘ADELAIDE FOOTBALL CLUB’ with ‘GOLD COAST SUNS’ |\n| 27 | Reverse | R16 | As for item 19, replacing the reference in subparagraph (b)(ii) to ‘ADELAIDE FOOTBALL CLUB’ with ‘GREATER WESTERN SYDNEY GIANTS’ |\n| 28 | Reverse | R17 | As for item 19, replacing the reference in subparagraph (b)(ii) to ‘ADELAIDE FOOTBALL CLUB’ with ‘HAWTHORN FOOTBALL CLUB’ |\n| 29 | Reverse | R18 | As for item 19, replacing the reference in subparagraph (b)(ii) to ‘ADELAIDE FOOTBALL CLUB’ with ‘MELBOURNE FOOTBALL CLUB’ |\n| 30 | Reverse | R19 | As for item 19, replacing the reference in subparagraph (b)(ii) to ‘ADELAIDE FOOTBALL CLUB’ with ‘NORTH MELBOURNE FOOTBALL CLUB’ |\n| 31 | Reverse | R20 | As for item 19, replacing the reference in subparagraph (b)(ii) to ‘ADELAIDE FOOTBALL CLUB’ with ‘PORT ADELAIDE FOOTBALL CLUB’ |\n| 32 | Reverse | R21 | As for item 19, replacing the reference in subparagraph (b)(ii) to ‘ADELAIDE FOOTBALL CLUB’ with ‘RICHMOND FOOTBALL CLUB’ |\n| 33 | Reverse | R22 | As for item 19, replacing the reference in subparagraph (b)(ii) to ‘ADELAIDE FOOTBALL CLUB’ with ‘ST KILDA FOOTBALL CLUB’ |\n| 34 | Reverse | R23 | As for item 19, replacing the reference in subparagraph (b)(ii) to ‘ADELAIDE FOOTBALL CLUB’ with ‘SYDNEY SWANS’ |\n| 35 | Reverse | R24 | As for item 19, replacing the reference in subparagraph (b)(ii) to ‘ADELAIDE FOOTBALL CLUB’ with ‘WEST COAST EAGLES’ |\n| 36 | Reverse | R25 | As for item 19, replacing the reference in subparagraph (b)(ii) to ‘ADELAIDE FOOTBALL CLUB’ with ‘WESTERN BULLDOGS’ |\n| 37 | Reverse | R26 | A design consisting of:(a) a stylised representation of the Australian Football League premiership cup, including:(i) the words ‘AUSTRALIAN FOOTBALL LEAGUE 2012 PREMIERSHIP CUP’;(ii) an ornamental design comprising of foliage; and(b) the following:(i) ‘2012 AFL PREMIERS’;(ii) ‘ONE DOLLAR’;(iii) ‘ONE OUNCE FINE SILVER’;(iv) ‘ADELAIDE FOOTBALL CLUB’ |\n| 38 | Reverse | R27 | As for item 37, replacing the reference in subparagraph (b)(iv) to ‘ADELAIDE FOOTBALL CLUB’ with ‘BRISBANE LIONS’ |\n| 39 | Reverse | R28 | As for item 37, replacing the reference in subparagraph (b)(iv) to ‘ADELAIDE FOOTBALL CLUB’ with ‘CARLTON FOOTBALL CLUB’ |\n| 40 | Reverse | R29 | As for item 37, replacing the reference in subparagraph (b)(iv) to ‘ADELAIDE FOOTBALL CLUB’ with ‘COLLINGWOOD FOOTBALL CLUB’ |\n| 41 | Reverse | R30 | As for item 37, replacing the reference in subparagraph (b)(iv) to ‘ADELAIDE FOOTBALL CLUB’ with ‘ESSENDON FOOTBALL CLUB’ |\n| 42 | Reverse | R31 | As for item 37, replacing the reference in subparagraph (b)(iv) to ‘ADELAIDE FOOTBALL CLUB’ with ‘FREMANTLE DOCKERS’ |\n| 43 | Reverse | R32 | As for item 37, replacing the reference in subparagraph (b)(iv) to ‘ADELAIDE FOOTBALL CLUB’ with ‘GEELONG CATS’ |\n| 44 | Reverse | R33 | As for item 37, replacing the reference in subparagraph (b)(iv) to ‘ADELAIDE FOOTBALL CLUB’ with ‘GOLD COAST SUNS’ |\n| 45 | Reverse | R34 | As for item 37, replacing the reference in subparagraph (b)(iv) to ‘ADELAIDE FOOTBALL CLUB’ with ‘GREATER WESTERN SYDNEY GIANTS’ |\n| 46 | Reverse | R35 | As for item 37, replacing the reference in subparagraph (b)(iv) to ‘ADELAIDE FOOTBALL CLUB’ with ‘HAWTHORN FOOTBALL CLUB’ |\n| 47 | Reverse | R36 | As for item 37, replacing the reference in subparagraph (b)(iv) to ‘ADELAIDE FOOTBALL CLUB’ with ‘MELBOURNE FOOTBALL CLUB’ |\n| 48 | Reverse | R37 | As for item 37, replacing the reference in subparagraph (b)(iv) to ‘ADELAIDE FOOTBALL CLUB’ with ‘NORTH MELBOURNE FOOTBALL CLUB’ |\n| 49 | Reverse | R38 | As for item 37, replacing the reference in subparagraph (b)(iv) to ‘ADELAIDE FOOTBALL CLUB’ with ‘PORT ADELAIDE FOOTBALL CLUB’ |\n| 50 | Reverse | R39 | As for item 37, replacing the reference in subparagraph (b)(iv) to ‘ADELAIDE FOOTBALL CLUB’ with ‘RICHMOND FOOTBALL CLUB’ |\n| 51 | Reverse | R40 | As for item 37, replacing the reference in subparagraph (b)(iv) to ‘ADELAIDE FOOTBALL CLUB’ with ‘ST KILDA FOOTBALL CLUB’ |\n| 52 | Reverse | R41 | As for item 37, replacing the reference in subparagraph (b)(iv) to ‘ADELAIDE FOOTBALL CLUB’ with ‘SYDNEY SWANS’ |\n| 53 | Reverse | R42 | As for item 37, replacing the reference in subparagraph (b)(iv) to ‘ADELAIDE FOOTBALL CLUB’ with ‘WEST COAST EAGLES’ |\n| 54 | Reverse | R43 | As for item 37, replacing the reference in subparagraph (b)(iv) to ‘ADELAIDE FOOTBALL CLUB’ with ‘WESTERN BULLDOGS’ |","sortOrder":6}],"analysis":{"kimi_summary":{"_metrics":{"provider":"moonshot","completionTokens":2160},"content_quality":"ok","complexity_score":3,"scope_assessment":{"changed":false,"description":"This determination exercises the standard power under section 13A(1) of the Currency Act 1965 to specify coin characteristics. It remains within the original legislative purpose of authorizing specific commemorative and investment coin programs, and has not expanded into broader regulatory territory."},"complexity_factors":["43 separate coin specifications set out in a detailed table (Schedule 1, Part 1)","Extensive cross-referencing system requiring readers to match symbols (S1, E1, O1, R1, etc.) from the table against definitions in Part 2","54 separate symbol definitions needed to interpret the design specifications","Technical manufacturing tolerances (e.g., '31.103g + 3.00g') and purity standards ('not less than 99.9% silver')","Repetitive structure where many entries (AFL team coins) differ only by the team name, creating visual clutter but not legal complexity"],"plain_english_summary":"This is a technical rulebook that tells the Royal Australian Mint exactly how to make 43 specific types of commemorative coins. It covers two main collections: the Chinese Lunar New Year (Year of the Snake) series in gold and silver, and a series celebrating every AFL football team winning the 2012 premiership.\n\n**What it specifies:**\n* **Physical specs:** Exact weight (from 9 grams to 1 kilogram), size, and purity (ranging from copper-nickel alloy to 99.99% gold)\n* **Designs:** What appears on the 'heads' side (obverse) — always Queen Elizabeth II — and what appears on the 'tails' side (reverse) — either a snake for the Lunar series or an AFL team's name with a premiership cup\n* **Legal tolerances:** How much a coin can deviate from its target weight and still be valid\n\n**Who it affects:**\n* **The Royal Australian Mint:** Must follow these precise manufacturing instructions\n* **Collectors and investors:** Guarantees these coins meet official standards for weight and metal content, which affects their value\n* **The public:** Confirms these are legally valid Australian currency (even though they're mainly bought as collectibles)\n\n**Why it matters:** Without this document, the Mint couldn't legally produce these coins. It ensures that if you buy a '$1' silver coin, it actually contains the promised amount of silver and weighs what the law says it should."},"flash_summary":{"complexity_score":4,"scope_assessment":{"changed":false,"description":"This Determination remains within the Currency Act 1965 power (subsection 13A(1)) to set physical specifications for coins. It is a routine technical update listing specific coins, their metal content, weights, tolerances and designs (Schedule 1). It does not broaden the legal authority granted by the Act or add substantive regulatory controls beyond prescribing manufacture specifications."},"complexity_factors":["Single but long Schedule with 54 table entries in Part 1 specifying individual coin items","Part 2 contains a mapping of 43 distinct reverse designs (R1–R43), multiple obverse variants (O1–O8) and two edge types (E1–E2)","Cross-referencing between the table (using short symbols S1, E1/E2, O#, R#) and the explanation in Part 2","Numeric tolerances and mixed units (weights expressed in grams and troy ounce equivalents; diameters and thickness in mm) across items","Repeated, near-identical rows (many $1 copper/aluminium/nickel entries) which increase volume but add little conditional logic","Minimal defined terms (only 'Act' in section 3) and no nested exceptions or discretionary clauses"],"plain_english_summary":"**What this instrument does (mechanically)\n\n- This Determination, made under subsection 13A(1) of the Currency Act 1965, sets precise technical specifications for a list of coins to be produced by the Royal Australian Mint. (See section 4(1) and Schedule 1.)\n- The specifications in Schedule 1, Part 1 identify for each listed coin: the denomination, the metal composition, the standard weight and the allowable variation, maximum diameter and thickness, the coin's shape and edge style, and which obverse (heads) and reverse (tails) designs apply.\n- Part 2 of Schedule 1 explains the shorthand symbols used in the table (for example, S1 = circular, E1 = continuously milled edge, O7 = obverse design showing Queen Elizabeth II with the year 2012, and R1–R43 = various reverse designs).\n- The Determination takes effect the day after it is registered and expressly does not alter any other determination already made under subsection 13A(1) of the Act (section 2; section 4(2)).\n\nWho is affected\n\n- The Royal Australian Mint: it must manufacture coins to the sizes, weights, metal purities and designs set out in the Schedule.\n- Buyers and holders of the specified coins: coin purchasers, collectors and investors will receive items conforming to these specifications; bullion investors will note the declared metal purities (for example, \"not less than 99.9% silver\" or \"99.99% gold\" against particular denominations).\n- Businesses that handle coins (banks, bullion dealers, retailers, cash-handling services): they rely on the declared dimensions and weights for verification and processing equipment.\n- Any third parties whose names or emblems are used on coin designs (for example, the Australian Football League club names that appear in many reverse designs): their names are included in the prescribed designs.\n\nWhy it matters (practical effects and trade-offs)\n\n- Legal/administrative effect: this instrument does not create new denominations; it specifies how particular coins (whose denominations are in the Act) must physically appear and what tolerances are acceptable (see section 4(1)). That gives the Mint legal authority and a uniform standard to produce and certify the coins.\n- Market and fiscal effects: many of the listed coins are high-purity precious-metal items (silver or gold) with weights given in troy ounces and kilograms (e.g. 1 oz, 5 oz, 1 kg). Because the Determination fixes metal purity and weight, the intrinsic (melt/bullion) value and collector value of those coins will be directly tied to market metal prices and minting/numismatic premiums. The Mint (and its commercial partners) obtain the revenue from selling these coins; buyers obtain physical bullion or collectible items.\n- Implementation costs and incentives: the Mint bears production and quality-control costs to meet the declared tolerances; private actors (dealers, banks) incur minimal compliance costs but will need to ensure acceptance or authentication procedures align with these physical specifications. The Determination imposes little regulatory burden beyond specifying standards.\n- Concentrated benefits and visible features: the instrument lists many specific reverse designs (R1–R43), including themed series (Chinese zodiac snake designs) and a suite of Australian Football League club designs. Those specific designs confer identifiable benefits to collectors of those series and create opportunities for the Mint to market limited runs and themed issues.\n- Substitution and market competition: these official bullion and commemorative coins can substitute for private bullion products (bars, coins from other mints) in investor portfolios. Their competitiveness will depend on factors outside the Determination (pricing, mint premium, legal tender status), but the Determination fixes the technical baseline (composition, weight, purity) necessary for market comparison.\n- Implementation risks and discretion: the Determination is prescriptive and technical; the main implementation risk is operational (the Mint must produce to the tolerances and designs listed). The instrument contains no discretionary rule-making or open-ended delegations.\n\nRelevant provisions to check when using this Determination\n\n- Section 4(1): confirms that Schedule 1 items specify the standard weight, allowable variation, dimensions and design for each listed coin.\n- Schedule 1, Part 1: the full table of coin items (denominations, compositions, weights, dimensions and design symbols).\n- Schedule 1, Part 2: the legend that explains symbol codes for shape, edge, obverse and reverse designs.\n\nIn short: this Determination is a routine, technical instrument that prescribes the physical and design standards for a number of specified Royal Australian Mint coins (including bullion and commemorative issues). It sets what the Mint must make and what buyers can expect in terms of metal content, weight tolerances and visual design (section 4 and Schedule 1)."},"flash_summary_failed":{"failed":true,"reason":"A positive credit balance is required for all requests, including BYOK, so fallback providers remain available. Add credits at https://vercel.com/d?to=%2F%5Bteam%5D%2F%7E%2Fai%3Fmodal%3Dtop-up to continue.","source":"analysis-cron"}},"importantCases":[],"_links":{"self":"/api/acts/currency-royal-australian-mint-determination-2012-no-4","history":"/api/acts/currency-royal-australian-mint-determination-2012-no-4/history","analysis":"/api/acts/currency-royal-australian-mint-determination-2012-no-4/analysis","conflicts":"/api/acts/currency-royal-australian-mint-determination-2012-no-4/conflicts","importantCases":"/api/acts/currency-royal-australian-mint-determination-2012-no-4/important-cases","documents":"/api/acts/currency-royal-australian-mint-determination-2012-no-4/documents"}}