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Australian Nugget
The Australian Gold Nugget is a gold bullion coin minted by the Perth Mint. The coins have been minted in denominations of oz, oz, oz, oz, 1 oz, 2 oz, 10 oz, and 1 kg of 24 carat gold. They have legal tender status in Australia and are one of few legal tender bullion gold coins to change their design every year, another being the Chinese Gold Panda. This and their limited annual mintage may, unlike for many other bullion coins, raise their numismatic value over the value of gold used. History The Gold Nugget series was introduced in 1986 by Gold Corporation, a company wholly owned by the Government of Western Australia, more commonly known by its trading name The Perth Mint. This issue of coins had two unique features: a "two-tone" frosted design effect, and individual hard plastic encapsulation of each coin. These features were unusual for a standard bullion coin and gave the Nugget a unique market niche. From 1986 to 1989, the reverse of these coins pictured various Aus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australia
Australia, officially the Commonwealth of Australia, is a Sovereign state, sovereign country comprising the mainland of the Australia (continent), Australian continent, the island of Tasmania, and numerous List of islands of Australia, smaller islands. With an area of , Australia is the largest country by area in Oceania and the world's List of countries and dependencies by area, sixth-largest country. Australia is the oldest, flattest, and driest inhabited continent, with the least fertile soils. It is a Megadiverse countries, megadiverse country, and its size gives it a wide variety of landscapes and climates, with Deserts of Australia, deserts in the centre, tropical Forests of Australia, rainforests in the north-east, and List of mountains in Australia, mountain ranges in the south-east. The ancestors of Aboriginal Australians began arriving from south east Asia approximately Early human migrations#Nearby Oceania, 65,000 years ago, during the Last Glacial Period, last i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chinese Gold Panda
The Chinese Gold Panda () is a series of gold bullion coins issued by the People's Republic of China. The Official Mint of the People's Republic of China introduced the panda gold bullion coins in 1982. The panda design changes every year (with a single exception) and the Gold Panda coins come in different sizes and denominations, ranging from (and larger ones as well). There is also a Silver Panda series issued with the same designs as the Gold Panda coins. History China issued its first gold coins picturing a panda design in 1982, in sizes of of 99.9 fine gold. Beginning in 1983 another size was added – . Larger panda coins were issued in some years, weighing . These popular coins are issued in prooflike brilliant uncirculated quality with a different design each year. A freeze of the design was announced with the 2001 issues—and thus the 2002 pandas were identical to 2001. But collectors spoke up in behalf of annual changes, and China reverted to their original poli ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Spanish Gold Lynx
The Spanish gold lynx or Lynx or Lince iberico of gold or Spanish Doubloon is a gold bullion coin issued by the Kingdom of Spain, minted for the first time in 2021 for the Spanish Royal Mint. Its grade is pure gold 999.9 (24 carats) according to Provision 14038 of BOE no. 198 of 2021. The quality of its minting is Proof Reverse, for which the motifs have a mirror shine while the background is matte. Characteristics Description: On the obverse the motifs and legends of a piece of eight, of the columnar type are reproduced: two hemispheres under the royal crown, flanked by the columns of Hercules with the motto PLUS VLTRA, all over a sea with waves. In the upper part, in a circular sense and in capital letters, appears the legend FELIPE VI REY DE ESPAÑA. At the bottom of the coin, in a circular direction, the legend 1 ONZA 999.9 ORO. The motifs and legends are surrounded by a beading of pine nuts. An image of the head of an Iberian lynx is reproduced on the reverse. On you ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Big Maple Leaf
The Big Maple Leaf (BML) is a $1 million (CAD) gold coin weighing (3,215 troy ounces). A set of six of these coins was produced by the Royal Canadian Mint (RCM) in 2007, at their Ottawa facility where the first BML produced remains in storage. , the market value of a single Big Maple Leaf had reached approximately $4 million (USD). On 27 March 2017, one of the coins was stolen from a Berlin museum. The Big Maple Leaf remained the largest gold coin ever minted until 2011, when the 1 tonne Australian Gold Nugget ("Gold Kangaroo") was minted. Description A Big Maple Leaf measures thick and in diameter and is 999.99/1000 pure. The obverse of the BML shows Queen Elizabeth II as she has appeared on Canadian coinage , when Susanna Blunt's design became the third iteration of the queen's effigy to appear on coinage, (the others were 1965, and 1990). Blunt's design was intended to show the queen 'in maturing dignity', without a tiara or crown, (only one other RCM design ever had the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Royal Canadian Mint
}) is the mint of Canada and a Crown corporation, operating under the ''Royal Canadian Mint Act''. The shares of the Mint are held in trust for the Crown in right of Canada. The Mint produces all of Canada's circulation coins, and manufactures circulation coins on behalf of other nations. The Mint also designs and manufactures precious and base metal collector coins; gold, silver, palladium, and platinum bullion coins; medals, as well as medallions and tokens. It further offers gold and silver refinery and assay services. The Mint serves the public's interest but is also mandated to operate "in anticipation of profit" (i.e., to function in a commercial manner without relying on taxpayer support to fund its operations). Like private-sector companies, the Mint has a board of directors consisting of a chair, the president and CEO of the Mint, and eight other directors. Traditionally, the president of the Royal Canadian Mint is known as the Master of the Mint, currently Marie Le ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Returns To Scale
In economics, returns to scale describe what happens to long-run returns as the scale of production increases, when all input levels including physical capital usage are variable (able to be set by the firm). The concept of returns to scale arises in the context of a firm's production function. It explains the long-run linkage of the rate of increase in output (production) relative to associated increases in the inputs (factors of production). In the long run, all factors of production are variable and subject to change in response to a given increase in production scale. While economies of scale show the effect of an increased output level on unit costs, returns to scale focus only on the relation between input and output quantities. There are three possible types of returns to scale: increasing returns to scale, constant returns to scale, and diminishing (or decreasing) returns to scale. If output increases by the same proportional change as all inputs change then there are cons ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of Western Australia
The Government of Western Australia, formally referred to as His Majesty's Government of Western Australia, is the Australian state democratic administrative authority of Western Australia. It is also commonly referred to as the WA Government or the Western Australian Government. The Government of Western Australia, a parliamentary constitutional monarchy, was formed in 1890 as prescribed in its Constitution, as amended from time to time. Since the Federation of Australia in 1901, Western Australia has been a state of the Commonwealth of Australia, and the Constitution of Australia regulates its relationship with the Commonwealth. Under the Australian Constitution, Western Australia ceded legislative and judicial supremacy to the Commonwealth, but retained powers in all matters not in conflict with the Commonwealth. History Executive and judicial powers Western Australia is governed according to the principles of the Westminster system, a form of parliamentary government ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gold Corporation
Gold Corporation is an Australian company owned by the Government of Western Australia, established by the Gold Corporation Act 1987, with a mandate to operate the Perth Mint, market Australian gold Gold is a chemical element with the symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile met ..., and other related activities. References Companies established in 1987 Government-owned companies of Western Australia {{WesternAustralia-gov-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Numismatics
Numismatics is the study or collection of currency, including coins, tokens, paper money, medals and related objects. Specialists, known as numismatists, are often characterized as students or collectors of coins, but the discipline also includes the broader study of money and other means of payment used to resolve debts and exchange goods. The earliest forms of money used by people are categorised by collectors as "Odd and Curious", but the use of other goods in barter exchange is excluded, even where used as a circulating currency (e.g., cigarettes or instant noodles in prison). As an example, the Kyrgyz people used horses as the principal currency unit, and gave small change in lambskins; the lambskins may be suitable for numismatic study, but the horses are not. Many objects have been used for centuries, such as cowry shells, precious metals, cocoa beans, large stones, and gems. Etymology First attested in English 1829, the word ''numismatics'' comes from the adjective ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Legal Tender
Legal tender is a form of money that courts of law are required to recognize as satisfactory payment for any monetary debt. Each jurisdiction determines what is legal tender, but essentially it is anything which when offered ("tendered") in payment of a debt extinguishes the debt. There is no obligation on the creditor to accept the tendered payment, but the act of tendering the payment in legal tender discharges the debt. Some jurisdictions allow contract law to overrule the status of legal tender, allowing (for example) merchants to specify that they will not accept cash payments. Coins and banknotes are usually defined as legal tender in many countries, but personal cheques, credit cards, and similar non-cash methods of payment are usually not. Some jurisdictions may include a specific foreign currency as legal tender, at times as its exclusive legal tender or concurrently with its domestic currency. Some jurisdictions may forbid or restrict payment made by other than legal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Dollar
The Australian dollar (sign: $; code: AUD) is the currency of Australia, including its external territories: Christmas Island, Cocos (Keeling) Islands, and Norfolk Island. It is officially used as currency by three independent Pacific Island states: Kiribati, Nauru, and Tuvalu. It is legal tender in Australia.''Reserve Bank Act 1959'', s.36(1) an ''Currency Act 1965'', s.16 Within Australia, it is almost always abbreviated with the ($), with A$ or AU$ sometimes used to distinguish it from other |
Carat (purity)
The fineness of a precious metal object (coin, bar, jewelry, etc.) represents the weight of ''fine metal'' therein, in proportion to the total weight which includes alloying base metals and any impurities. Alloy metals are added to increase hardness and durability of coins and jewelry, alter colors, decrease the cost per weight, or avoid the cost of high-purity refinement. For example, copper is added to the precious metal silver to make a more durable alloy for use in coins, housewares and jewelry. Coin silver, which was used for making silver coins in the past, contains 90% silver and 10% copper, by mass. Sterling silver contains 92.5% silver and 7.5% of other metals, usually copper, by mass. Various ways of expressing fineness have been used and two remain in common use: ''millesimal fineness'' expressed in units of parts per 1,000 and '' karats'' or ''carats'' used only for gold. Karats measure the parts per 24, so that 18 karat = = 75% and 24 karat gold is considered 100% g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
