Latest news with #PerthMint
West Australian
13 hours ago
- Business
- West Australian
Half Sovereign coin from 1899 worth $600,000 on display at The Perth Mint until August 13 ahead of its sale
A coin valued at $600,000 and dubbed the only known example of a half sovereign coin in existence is now on display at the Perth Mint. The coin is one of Australia's most valuable pre-decimal coins that never entered circulation. The half sovereign coin was stamped with a design using four dies from London in the Mint's opening year, 1899. The coin is on display courtesy of numismatic specialists Coinworks and will be sold for roughly $600,000 once the exhibition closes on August 13. Coinworks managing director Belinda Downie travelled to Perth from Melbourne to oversee the coin's installation. 'This is about more than just a rare coin,' she said. 'It's a celebration of Australian history, craftsmanship, and the special place gold holds in the Mint's story. We are very proud to partner with The Perth Mint to share this with the public.' The Perth Mint's retail manager Tina Kircher said the popular tourist destination is 'thrilled' to see the coin back in Perth. The coin will be on display daily in the Perth Mint foyer from 9am to 5pm.
Perth Now
13 hours ago
- Business
- Perth Now
Half Sovereign coin from 1899 worth $600,000 on display at The Perth Mint until August 13 ahead of its sale
A coin valued at $600,000 and dubbed the only known example of a half sovereign coin in existence is now on display at the Perth Mint. The coin is one of Australia's most valuable pre-decimal coins that never entered circulation. The half sovereign coin was stamped with a design using four dies from London in the Mint's opening year, 1899. Camera Icon Half Sovereign coin from 1899. Credit: Supplied The coin is on display courtesy of numismatic specialists Coinworks and will be sold for roughly $600,000 once the exhibition closes on August 13. Coinworks managing director Belinda Downie travelled to Perth from Melbourne to oversee the coin's installation. 'This is about more than just a rare coin,' she said. 'It's a celebration of Australian history, craftsmanship, and the special place gold holds in the Mint's story. We are very proud to partner with The Perth Mint to share this with the public.' Camera Icon The coin is on display courtesy of numismatic specialists Coinworks. Credit: Supplied The Perth Mint's retail manager Tina Kircher said the popular tourist destination is 'thrilled' to see the coin back in Perth. The coin will be on display daily in the Perth Mint foyer from 9am to 5pm.
Mercury
12-06-2025
- Business
- Mercury
Mapped: Areas where Australians are striking gold
Two friends from Western Australia have struck gold, pocketing more than $160,000 after discovering large nuggets during a prospecting mission. Amalgamated Prospectors and Leaseholders Association of Western Australia President James Allison told the Kalgoorlie Miner the two men uncovered the treasure at Sandstone, a small town some 400km northwest of Kalgoorlie-Boulder. Mr Allison said the two men, who had been prospecting for decades, came across a one-ounce nugget worth more than $5000. Later that day, the pair hit the jackpot again when their detector picked up a second sound. The men dug up and unearthed another piece weighing 895 grams, worth a whopping $161,000, according to the Perth Mint spot price as of June. MORE: MCC boss' secret $2m Melb mancave revealed Aus warned: Squatters move into man's home Revealed: Block buyer torches apartments as duds Victoria is also on the cusp of a whole new gold rush, with bush blocks where owners have found the odd nugget becoming hot property. Towns across the state's former gold fields, and especially in the golden triangle bounded by Bendigo, Ballarat and Wedderburn, have wannabe prospectors hunting for cheap land to hunt for the valuable mineral. With the price of gold surging over the past decade the leading lobby group believes more and more people will be looking to stake a claim to an alluvial address. Prospectors and Mining Association of Victoria President Jason Cornish said more people had begun looking to buy a cheap bush block amid fears the state government would turn Crown land — where prospecting is currently legal — into national parks, where it is not. Stockdale & Leggo Bendigo Sales Manager Grant Hosking said he was seeing good numbers of retirees relocating from Melbourne to take up a prospecting hobby in their golden years. Buyers have been homing in on blocks anywhere from 4ha to 40ha. 'In Wedderburn, property has never sold that quick, but we are selling them very, very quickly at the moment — and getting good prices for them,' Mr Hosking said. 'And most of it is weekenders and hobby prospectors.' The Australian Government Geoscience Australia website shows a map of where gold is likely to be found and which states have greater sources of gold. It says gold is mostly found in rocks, and WA accounted for 60 per cent of Australia's gold discoveries. Primary deposits, where miners target, were in Kalgoorlie in the Super Pit, Granny Smith, St Ives, Norseman and Mount Magnet all in WA, Gympie and Ravenswood Qld, Callie NT, Stawell Vic, Cadia NSW, Henty Tas and Challenger in SA. Gold is also found in Olympic Dam, SA – the area is mined with copper and uranium. 'Mostly, gold is spread throughout the rocks and soil around us but in such low amounts that it's not worthwhile trying to get it out,' the website said. 'However, there are some places where there is enough gold to make it economic to mine.' — Additional reporting by Nathan Mawby Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox. MORE: Where Aus' secret religious clans really hide Sneaky bank trick stopping Aussies saving Scary reason Aus renters won't move
Daily Telegraph
12-06-2025
- Business
- Daily Telegraph
Mapped: Areas where Australians are striking gold
Two friends from Western Australia have struck gold, pocketing more than $160,000 after discovering large nuggets during a prospecting mission. Amalgamated Prospectors and Leaseholders Association of Western Australia President James Allison told the Kalgoorlie Miner the two men uncovered the treasure at Sandstone, a small town some 400km northwest of Kalgoorlie-Boulder. Mr Allison said the two men, who had been prospecting for decades, came across a one-ounce nugget worth more than $5000. Later that day, the pair hit the jackpot again when their detector picked up a second sound. The men dug up and unearthed another piece weighing 895 grams, worth a whopping $161,000, according to the Perth Mint spot price as of June. MORE: MCC boss' secret $2m Melb mancave revealed Aus warned: Squatters move into man's home Revealed: Block buyer torches apartments as duds Victoria is also on the cusp of a whole new gold rush, with bush blocks where owners have found the odd nugget becoming hot property. Towns across the state's former gold fields, and especially in the golden triangle bounded by Bendigo, Ballarat and Wedderburn, have wannabe prospectors hunting for cheap land to hunt for the valuable mineral. With the price of gold surging over the past decade the leading lobby group believes more and more people will be looking to stake a claim to an alluvial address. Prospectors and Mining Association of Victoria President Jason Cornish said more people had begun looking to buy a cheap bush block amid fears the state government would turn Crown land — where prospecting is currently legal — into national parks, where it is not. Stockdale & Leggo Bendigo Sales Manager Grant Hosking said he was seeing good numbers of retirees relocating from Melbourne to take up a prospecting hobby in their golden years. Buyers have been homing in on blocks anywhere from 4ha to 40ha. 'In Wedderburn, property has never sold that quick, but we are selling them very, very quickly at the moment — and getting good prices for them,' Mr Hosking said. 'And most of it is weekenders and hobby prospectors.' The Australian Government Geoscience Australia website shows a map of where gold is likely to be found and which states have greater sources of gold. It says gold is mostly found in rocks, and WA accounted for 60 per cent of Australia's gold discoveries. Primary deposits, where miners target, were in Kalgoorlie in the Super Pit, Granny Smith, St Ives, Norseman and Mount Magnet all in WA, Gympie and Ravenswood Qld, Callie NT, Stawell Vic, Cadia NSW, Henty Tas and Challenger in SA. Gold is also found in Olympic Dam, SA – the area is mined with copper and uranium. 'Mostly, gold is spread throughout the rocks and soil around us but in such low amounts that it's not worthwhile trying to get it out,' the website said. 'However, there are some places where there is enough gold to make it economic to mine.' — Additional reporting by Nathan Mawby Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox. MORE: Where Aus' secret religious clans really hide Sneaky bank trick stopping Aussies saving Scary reason Aus renters won't move
News.com.au
12-06-2025
- Business
- News.com.au
Mapped: Areas where Australians are striking gold
Two friends from Western Australia have struck gold, pocketing more than $160,000 after discovering large nuggets during a prospecting mission. Amalgamated Prospectors and Leaseholders Association of Western Australia President James Allison told the Kalgoorlie Miner the two men uncovered the treasure at Sandstone, a small town some 400km northwest of Kalgoorlie-Boulder. Mr Allison said the two men, who had been prospecting for decades, came across a one-ounce nugget worth more than $5000. Later that day, the pair hit the jackpot again when their detector picked up a second sound. The men dug up and unearthed another piece weighing 895 grams, worth a whopping $161,000, according to the Perth Mint spot price as of June. Victoria is also on the cusp of a whole new gold rush, with bush blocks where owners have found the odd nugget becoming hot property. Towns across the state's former gold fields, and especially in the golden triangle bounded by Bendigo, Ballarat and Wedderburn, have wannabe prospectors hunting for cheap land to hunt for the valuable mineral. With the price of gold surging over the past decade the leading lobby group believes more and more people will be looking to stake a claim to an alluvial address. Prospectors and Mining Association of Victoria President Jason Cornish said more people had begun looking to buy a cheap bush block amid fears the state government would turn Crown land — where prospecting is currently legal — into national parks, where it is not. Stockdale & Leggo Bendigo Sales Manager Grant Hosking said he was seeing good numbers of retirees relocating from Melbourne to take up a prospecting hobby in their golden years. Buyers have been homing in on blocks anywhere from 4ha to 40ha. 'In Wedderburn, property has never sold that quick, but we are selling them very, very quickly at the moment — and getting good prices for them,' Mr Hosking said. 'And most of it is weekenders and hobby prospectors.' The Australian Government Geoscience Australia website shows a map of where gold is likely to be found and which states have greater sources of gold. It says gold is mostly found in rocks, and WA accounted for 60 per cent of Australia's gold discoveries. Primary deposits, where miners target, were in Kalgoorlie in the Super Pit, Granny Smith, St Ives, Norseman and Mount Magnet all in WA, Gympie and Ravenswood Qld, Callie NT, Stawell Vic, Cadia NSW, Henty Tas and Challenger in SA. Gold is also found in Olympic Dam, SA – the area is mined with copper and uranium. 'Mostly, gold is spread throughout the rocks and soil around us but in such low amounts that it's not worthwhile trying to get it out,' the website said. 'However, there are some places where there is enough gold to make it economic to mine.'
