Hey Friend

The Royal Australian Mint (RAM) released their 2025 Annual Report a few days ago, and it's given us details about the coin mintages for 2024 and the start of 2025.

Many people have asked me recently how the mintages work, particularly the timing. The RAM's annual report covers the financial year that has just finished. So for this new 2025 Annual Report, it covers the Financial Year from July 2024 through to June 2025. I created this graphic to illustrate how the time period for the annual report is different from the calendar year:



This timing difference between 'Calendar Year' and 'Financial Year' has caused some confusion. It means that this 2025 Annual Report only covers mintages for the first half of 2025. To find out the remaining mintages for 2025 coins (ie the coins produced from July to December 2025) we'll have to wait until the 2026 Annual Report.

To add to the confusion, some Annual Reports include coins from several years ago. So to find the final mintage for any given coin, it can take several years/Annual Reports to be sure of the numbers.

The good news is that with this 2025 report, we can finally get our first idea of what the mintage numbers look like for the calendar year of 2024.

Disclaimer
Now - big disclaimer - there may be changes to 2024 numbers in future reports, so these figures are just guidelines. In fact, it’s probably about five years before you can safely say that the numbers are finalised. It’s common for the RAM to make amendments or additions to previous years, so don't make any important investment decisions based on these numbers, as they could change next year.

Updates
Last weekend, I analysed this new report to update mintages of the coins in circulation (for the new Pirate Guide). It took a lot of time, coffee, Tim Tams and loud music, but I got a good idea of what has changed. Here are some of the key details from the new report...

The standard design coins for 2024 all had fairly high mintage, other than the 2024 ten cent (with a mintage so far of just over 4 million). Even the mintages for the first half of 2025 were relatively high.

Being the first 2 years of the new King Charles III effigy, this makes sense with lots of people collecting the new coins as a piece of history.

There were a few surprises with some of the coins released through retail promotions:

• The Australian Open tennis coins from Australia Post that went into circulation only had a mintage of 750,000 each. That could increase with future reports (or be changed altogether). But for now, that is the second lowest circulated Two Dollar coin mintage (after the original 2012 Red Poppy)!
• The Australian Women's Weekly Children's Birthday Cake Book Two Dollar coin had a circulated mintage of 1 million.
• We don't have final numbers on the Rebel Sport Wallabies and Wallaroos mintages. It appears these coins will have the final mintage in the 2026 report, and that goes for the Aussie Big Things 2 coins too.

The 2024 Purple Poppy Two Dollar coin and the 2025 Torres Strait Islander Flag Two Dollar both have a circulation mintage of just over 2 million each, which is pretty normal for coloured Two Dollar coins. The mintage for the NAIDOC Fifty Cent also increased a bit.

Another surprise this year was that there was no mention of coin swap sachets, especially for the 2021 One Dollar coin, so it is still officially a low mintage One Dollar coin. Again, that could change in future.

In the meantime, the mintages are included in the new Pirate Guide to Collecting Australian Coins, which is being released next week. You can order the Pirate Guide here:

https://www.australiacoins.com.au/products/pirate-guide-to-collecting-australian-coins-paperback

Cheers
Damian

PS If you have any questions, please feel free to press reply and ask me.

--
AustraliaCoins.com.au
facebook.com/AustraliaCoins
youtube.com/AustraliaCoins