Coin jargon

Here are some terms you might come across in your coin collecting journey.
Currency Determination

Authoritative determination of the genuineness of a coin.

Mintage

How many of this coin was produced. The lower the mintage the more valuable the coin.

Denomination

What the coin is worth if you want to spend it.

Numismatic

The science, study or collecting of coins or similar objects.

Grade

A carefully constructed series of guidelines to determine the condition and therefore the rarity and value of a coin.

Proof of Origin

A carefully struck coin using special dies, with frosted images on a mirror-like background. Proof is a method of manufacture, not a condition or grade.

Mint Mark

A letter or symbol, indicating the mint of origin.

Privy Mark

A small mark or differentiation in the design of a coin

Did you check your change?

Around 35,000 Australians found and collected the $1 coins specially marked with the number ‘35’ and either the letter A, U or S for their chance to win one of the major prizes. Winners of the major and minor prizes will be announced on 14 May 2019.

Competition now closed

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