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1996 One Dollar Proof Ballot Issue 30th Anniversary Of Decimal Currency

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1996 One Dollar Proof Ballot Issue 30th Anniversary Of Decimal Currency

The very 1st ballot issue silver $1 coin.

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Australia 1996 One Dollar Proof (Ballot Issue)

30th Anniversary Of Decimal Currency

The first release in the RAM's ballot issue silver dollar coin series.

The RAM came up with an innovative idea in 1996 - they would release a coin to mark 30 years of decimal currency, but would restrict the mintage to only the sum total number of coins ordered by collectors and dealers by the designated cutoff date.

This idea hadn't been tried before, the coins each contained one ounce of pure silver them and they wouldn't be available after the cutoff date - some collectors took the punt while others didn’t.

Needless to say the series proved popular with the Australian collector community, and it has stayed a part of the RAM's production calendar ever since then.

The design for 1996 was seemingly modelled after a bronze commemorative medallion struck by the RAM back in 1966, it shows each of the new decimal coins in something of a montage.