Currency (Royal Australian Mint) Determination 2006 (No. 1)

This Determination is the Currency (Royal Australian Mint) Determination 2006 (No. 1).

This Determination commences on the day after it is registered.

For subsection 13A (1) of the Currency Act 1965, Schedule 1 specifies:

the denomination of a coin; and

the coin's standard composition; and

the coin's standard weight, and the allowable variation from that weight; and

the coin's dimensions; and

the coin's design.

The specifications in Schedule 1 do not affect any other determination of the specifications of a coin.

Schedule 1 Specifications of coins (section 3)

Item 1 $1 coin

Denomination $1

Standard composition At least 99.9% silver

Standard weight and allowable variation 62.77g ± 0.50g

Maximum diameter 50.30mm

Maximum thickness 3.80mm

Shape Circular

Edge Continuously milled

Obverse design The following design:

an outer ring consisting of:

an effigy of Queen Elizabeth II and the monogram 'IRB'; and

the inscriptions "ELIZABETH II" and "AUSTRALIA 2006";

a centre section consisting of a representation of the obverse design of an 18th Century Spanish silver dollar, including:

an 18th Century Spanish Coat of Arms; and

the inscriptions "MM" and "8"; and

the inscription "FERDND·VI·DG·HISPAN·ET IND·REX".

Reverse design The following design:

an outer ring consisting of the inscriptions "PILLAR DOLLAR" and "ONE DOLLAR";

a centre section consisting of a representation of the reverse design of an 18th Century Spanish silver dollar, including:

a representation of two pillars (representing the Pillars of Hercules); and

a representation of two interlocking globes of the world that symbolise the old and new worlds; and

the inscriptions "VTRAQUE VNUM" and "M" (twice); and

a year denoting a year in which the 18th Century Spanish silver dollar was made or issued.