The Australian $1 Celebrates its 30th Anniversary!

May 14, 2014 Leave Comment

Exactly 30 years ago today, the Reserve Bank of Australia introduced the $1 coin into circulation, on May 14th, 1984. It replaced the $1 banknote that had circulated since the inception of Decimal Currency in 1966. Stuart Devlin’s now famous Mob of Roos featured on that initial circulating $1 coin and has been a favourite amongst collector and no..

Auction 317: Amazing Predecimal Proof Consignments

Apr 24, 2014 Leave Comment

Some amazing lots have been consigned to Auction 317, with perhaps none more spectacular than this array of astonishing Australian Predecimal Proofs. 1925 Halfpenny FDC Struck only for archival purposes, and for distribution to other mints and public institutions such as museums, as with virtually all pre-1955 FDC/Proof coins, the 1925 Halfpenn..

Treasures in your change: 5c and 10c – What to look for

Apr 03, 2014 Leave Comment

The following was penned by Downies employee Jimmy… As you may have seen in my previous blogs (here and here), there are quite a lot of rare, unusual circulating coins that are hotly pursued by collectors. This had a lot of people asking (along with myself), what else should we be looking for in our change? What might some of these circulating o..

The most secure coin in the world? How The Royal Mint is fighting back at crime!

Mar 31, 2014 Leave Comment

The discovery of a multi-million dollar international counterfeiting and smuggling ring has prompted The Royal Mint to redesign their 1 pound coins. A Dutch crime organisation, who had set up their own modern minting facility complete with legitimate sounding company name and credentials, had been targeting the UK pound coins for some time before B..

The Royal Australian Mint’s First Ever Triangle Coin?

Mar 20, 2014 Leave Comment

It has been exactly one year since the Royal Australian Mint announced the groundbreaking 2013 $5 Parliament House Triangular Silver Proof on March 18th, 2013. The very first 3-sided Australian legal tender coin, this sensational release naturally attracted interest from news media around the world. It was exciting to see an Australian numismatic c..

Mule Madness!

Mar 14, 2014 Leave Comment

The following was penned by Downies employee Jimmy… If you read my previous blog post – on the incuse Millennium 50c I found in my change – you would be aware that I have only worked at Downies for a short period of time. Before this, I had only a slight interest in coins, but not much more than occasionally noticing an interesting one in my..

Insane Incuse Investigation!

Feb 27, 2014 Leave Comment

The following was penned by Downies employee Jimmy... On Saturday last week, I ventured to the shops to buy a coffee. Upon receiving my change, I instinctively started to sort through the coins, looking for anything interesting. This is a relatively new habit of mine, only picked up since I started working at Downies last October. Even then, ‘ch..

Choice Change Challenge – An unusual Platypus for an unusual year

Feb 13, 2014 Leave Comment

Here we have another entry from Choice Change Challenger Alex – he has done some digging and unearthed an interesting story behind a year that keeps showing up during The Challenge. As Australia basks in the glory of only the third ever 5-0 Ashes cricket whitewash, it reminds us of the “King” of the Australian 20c series, the 2001 Donald Bra..

Laundering Money – Cleaning dirty banknotes worldwide!

Feb 05, 2014 Leave Comment

In great news for conspiracy theorists everywhere, the next major monetary policy introduced by the governments around the world could be laundering money – literally. Researchers Nabil M. Lawandy and Andrei Smuk have identified a cleaning technique using "supercritical" CO2 that could save billions of dollars and reduce the environmental impact..

Australia has already dropped the 1c and 2c coins; should we go one step further and ditch the 5c too?

Jan 24, 2014 Leave Comment

The article was prepared by Archie S., who joined our team recently during his Year 10 work experience. We think he did a great job – how about you? In a previous post we discussed the doing away of the penny by the Canadian treasury due to increased production costs and it seems that Australia’s own five cent coin is facing the spotlight fo..