The 2011 Australia Day 50c that we expected to be released yesterday appears to have not been minted. The coin design, composition, denomination and shape were tabled and accepted in Parliament on November 15th 2010 in the Currency (Royal Australian Mint) Determination 2010 (No. 5).
As part of the Currency act of 1965 new coins may be issued by The Treasurer with a legislative instrument known as a determination. These determinations include all legal tender coin information proposed before it is minted.
These determinations are just proposals by the issuing authorities the Royal Australian Mint and The Perth Mint and after these rulings it is not guaranteed that a coin will eventuate.
For coins entering circulation as was proposed for this 2011 50c it is possible that the RAM simply have not minted the coin yet and it's still in the pipeline (although the 26th January was the more obvious release time) or that Treasury decided that there were enough 50c coins in circulation at present and there was no need for it's release.
Posted by harrisk at January 27, 2011 1:49 PM
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