Australian coins / What the silver cost, and why the standard fell

What the silver cost, and why the standard fell

The prices, the quantities, and the Royal Mint stating in its own words why Australian silver went from 925 fine to 500.

In 1946 Australian silver coinage dropped from 925 fine to 500. Catalogues record the change. The reason is in the reports, and it is the reason the metal calculator exists:

The reduction was made to avert hoarding of silver coin, in view of an anticipated rise in the price of silver to a pornt where the bullion value of the coin would become greater than its face value.

Melbourne, 1946. The page notes just above that Australian coin “had nearly twice the silver content of British”.

A warning that has to travel with the rates below. The per-ounce figures in the branch accounts are a standing book rate, not a market price. Melbourne carries 1d. per fine ounce from 1931 to 1964, which is nominal, and the reports say so themselves: “Silver in store is valued at 1s. per oz. fine for convenience of book-keeping.” What depositors were actually paid is a different line.

And an absence worth stating: no report in this corpus gives a per-ounce price for silver bought specifically for Australian coinage. The nearest are realised prices at Perth and a premium line at Melbourne. We looked; it is not there.

The records

237 records, 1910 to 1966, from Melbourne, Sydney, Perth. Every quote below was re-found in the cached report page it cites before this page was built.

Report yearMintkindas printedprinted unitSource, and its own words
1910 Melbourne caveat report page 73
Silver in store is valued at 1.9. per oz. fine for convenience of book-keeping; sold the excess is treated as premium.
1910 Melbourne rateper ounce fine report page 73
at 1.9. per oz. fine for convenience of book-keeping; sold the excess is treated as premium.
1910 Sydney rateper ounce fine report page 67
13. 6d. per ounce fine since 12th )Iay,1902. er (Where allowed at the M1111: purthase rate. .,11Ver in excess of eight per tent. ha. bun D'lld 101
1911 Melbourne caveat report page 79
Silver in store is valued at 19. per oz. fine for convenience of book-keeping; when sold the excess 140 141 w—~M‘E—<-_‘W Imam—VH5 NH“..- ,_..._‘.,...._.‘.._..,..- _,_,_,._.‘¢.-_-._—~Mmu..,Wm—_«
1911 Melbourne rateper ounce fine report page 79
at 19. per oz. fine for convenience of book-keeping; when sold the excess 140 141 w—~M‘E—<-_‘W Imam—VH5 NH“..- ,_..._‘.,...._.‘.._..,..- _,_,_,._.‘¢.-_-._—~Mmu..,Wm—_«
1911 Sydney rateper ounce fine report page 73
18. 6d. per ounce flne since 12th May, 1902. allowed) at the Mint purchase rate. Sil'v'er in excess of eight per cent. has been paid for at 129
1911 Sydney rateper ounce fine report page 73
Australia. _ T 1\OTE.MGOld {Lt £3 17s. 101d. per ounce standard. Silver (Where the rate of 18. 6d. per ounce flne since 12th May, 1902. allowed) at the Mint purchase rate. Sil'v'er in excess of eight per cent. has been paid for at 129
1912 Melbourne caveat report page 58
Silver in store is valued at 1:. per oz. fine for convenience of book—keeping _ . ; when sold the excess is treated as premium.
1912 Melbourne rateper ounce fine report page 58
at 1:. per oz. fine for convenience of book—keeping _ . ; when sold the excess is treated as premium.
1912 Sydney rateper ounce fine report page 51
13. 6d. per ounce fine since 12th May,1902 (Whert‘ allowed) at the Mint purchase rate, Silver in excess of eight per cent. has been paid for at
1912 Sydney rateper ounce fine report page 51
132,013,63914 f NOTE.~Gold at .93 178. 104d. per ounce standard. Silver the rate of 13. 6d. per ounce fine since 12th May,1902 (Whert‘ allowed) at the Mint purchase rate, Silver in excess of eight per cent. has been paid for at
1913 Melbourne caveat report page 76
Silver in store is valued at 1:. per 02. fine for convenience of book-keeping; when sold the excess is treated as premium.
1913 Melbourne rateper ounce fine report page 76
at 1:. per 02. fine for convenience of book-keeping; when sold the excess is treated as premium.
1913 Sydney rate report page 60
assayed as high as 998. The gross value of the silver, allowed and retained, in deposits. at the Mint purchase rate of 13. 6d. the ounce fine was 3,9871. In the Return of Gold from Countries (Appendix F, page 120) the values of the gold only
1914 Melbourne caveat report page 61
Silver in store is valued at 13. per oz. fine for convenience of hook-keeping ; when sold, the excess 117
1914 Melbourne rateper ounce fine report page 61
at 13. per oz. fine for convenience of hook-keeping ; when sold, the excess 117
1915 Melbourne arrangement report page 11
silver coin in Australia, will, whenever p ‘acticable, be purchased by the Commonwealth Government for the manufacture of local coinage. Silver extracted from gold at the Australian Mints will also be used for this purpose. The cost of frei
1916 Melbourne rateper ounce fine report page 40
at ls. per ounce fine and the amount realised on the silver bullion sold during the year.
1916 Sydney rateper ounce fine report page 34
at 13. 61],. per ounce fine (see Appendix E) Premium on sale of silver bullion“ Fees Proceeds of Sale of Sweep : :1 s. 1/. Gross 1.1380 12 11 Less Expenses 31) 16 2 l .1 <1) [*1 00 136 1.641) 10,476 113 13 15415 ’4 Difference between valu
1916 Sydney rateper ounce fine report page 34
Value of silver in deposits at 13. 61],. per ounce fine (see Appendix E) Premium on sale of silver bullion“ Fees Proceeds of Sale of Sweep : :1 s. 1/. Gross 1.1380 12 11 Less Expenses 31) 16 2 l .1 <1) [*1 00 136 1.641) 10,476 113 13 1541
1917 Melbourne rateper ounce fine report page 37
at ls. per oz. fine (see Appendix E) 'Value of silver purchased at 1s. per oz. Premium on sale of silver bullion“ Gain on coin deliveries for year 1917 Charge for manufacture of silver coinage Proceeds of sale of Sweep—Gold : £ Gross 891 Les
1917 Melbourne rateper ounce fine report page 37
Value of silver in deposits at ls. per oz. fine (see Appendix E) 'Value of silver purchased at 1s. per oz. Premium on sale of silver bullion“ Gain on coin deliveries for year 1917 Charge for manufacture of silver coinage Proceeds of sale of
1917 Melbourne rateper ounce fine report page 37
Value of silver purchased at 1s. per oz. Premium on sale of silver bullion“ Gain on coin deliveries for year 1917 Charge for manufacture of silver coinage Proceeds of sale of Sweep—Gold : £ Gross 891 Less expenses lst January, fine 8. 3 27 1
1917 Sydney rate_change report page 29
The rate paid tor silver allowed in deposits was increased l'rom .l.\'. (W. to 2x. 01/. the ounce tine on the 2nd July, and to its; Gd. on the 17th September, being reduced again to 2s. (Ed. on the, 29th October. at which rate it now stands
1917 Sydney rateper ounce fine report page 32
at 13-. per ounce fine (see Appendix E) Premium on sale of silver bullion . Premium on silver bullion in transit 13 x. r]. Slst December, 1916 431 1. 4 Less—Reduction of 6d. per ounce on store value of silver, 3lst December, 1916 ... 23 1:3
1918 Melbourne rateper ounce fine report page 49
at 15. per oz. fine (see Bullion Account) . . . . . . . . . Value of Silver purchased at ls. per oz. fine Premium on sale of Silver Bullion“ Gain on Coin Deliveries for year 1919 . . . . . . Charge for manufacture of Silver Coinage. . Bronze
1918 Melbourne rateper ounce fine report page 49
Value of Silver in deposits at 15. per oz. fine (see Bullion Account) . . . . . . . . . Value of Silver purchased at ls. per oz. fine Premium on sale of Silver Bullion“ Gain on Coin Deliveries for year 1919 . . . . . . Charge for manufacture
1918 Melbourne rateper ounce fine report page 49
Value of Silver purchased at ls. per oz. fine Premium on sale of Silver Bullion“ Gain on Coin Deliveries for year 1919 . . . . . . Charge for manufacture of Silver Coinage. . Bronze ,, . f Gross . 4 Less (Expenses 13 7 10 17 6 l3 7 11 10 16
1918 Perth arrangement report page 54
arranged to buy the silver in quarterly lots as usual, paying for them on the date when they would ordinarily have been shipped, and at the market price of that day; the metal to be thereafter held in the Perth Mint on behalf of the Commonw
1918 Perth market_pricepence per ounce fine report page 56
The average price obtained in 1918 was 51-10 pence, and 57-51 pence in 1919. After deducting the amount paid to depositors for silver bullion, shipping expenses, etc., there remained a net revenue from this source of 15,7231. 16s. 711. Deta
1918 Perth standard_change report page 56
Treasury . . [{15,691 10 1 £15,723 16 7 Owing; to the very great increase in the price of silver, the usual channels for the disposal of silver bullion ex gold were closed to this branch towards the close of 1919. Negotiations made through
1918 Perth arrangement report page 56
with the Hong Kong and Shanghai Banking Corporation for the purchase of silver available for shipment. This arrangement will continue till 30th June, 1920. During the year, silver bullion was sold as follows 2—— Ounces. Local Sales . . . .
1918 Perth supply_for_coinageounces fine report page 56
During 1919, silver equivalent to 133,974-64 ounces line was sold by the branch for the total sum of 32,101]. 145. 511., as compared with 154,826-29 ounces line sold in 1918 for 32,965]. 23. 311’. The average price obtained in 1918 was 51-1
1918 Sydney rate_change report page 36
The rate paid for silver allowed in deposits was increased on the 15th May to 33. 6d. the ounce fine, at which rate it now stands. The withdrawals from circulation of British silver coin amounted to 71,100l. worn, and 32,0001. re—issuable (A
1918 Sydney rateper ounce fine report page 41
Value of silver in deposits at 1/— the 02. fine . . Premium on silver bullion sold Proceeds of Sale of Sweep : Gross Less Expenses & 913 S. d. 09 4,354 8,828 13 9 12 2 14 72 411 Balance of Waste and Sweep Account, 3lst December 1918 . .
1918 Sydney rateper ounce fine report page 41
Value of silver in deposits at 1/— the 02 fine Premium on silver bullion sold Proceeds of sale of Sweep : Gross Less Expenses Balance Silver Revenue Balance of \\ aste and Sweep Account Gain in coin deliveries n ,, computations 1, 's sud. 99
1920 Melbourne standard_change report page 49
was melted. The issues of Australian silver coin to the Commonwealth Treasury have been light, amounting to only 1153501., the price of silver until towards the close of the year having been prohibitive. The amounts 97 passed through the va
1920 Melbourne purchaseounces fine report page 51
different thicknesses to suit the requirements of the manufacturers. In addition to the silver extracted from the gold 17,292'19 ounces fine have been purchased to meet the demand. The revenue for the year was 34,8811. 2s. 8d., of which 30,3
1920 Melbourne rateper ounce fine report page 54
at 18. per oz. fine (see u 1011 t I Account) Plld 0\ or ”to Stgilcrcilféizgury Value of Silverlpufcshfsedgitllls per oz. fine PL I 7 Premiumonsaeo Iver u Ion Balance due to State Treasury on 315‘: December 19-0 Gain on Coin Deliveries for yea
1920 Melbourne rateper ounce fine report page 54
Value Of Silver in Deposits at 18. per oz. fine (see u 1011 t I Account) Plld 0\ or ”to Stgilcrcilféizgury Value of Silverlpufcshfsedgitllls per oz. fine PL I 7 Premiumonsaeo Iver u Ion Balance due to State Treasury on 315‘: December 19-0 Gai
1920 Melbourne rateper ounce fine report page 54
Value of Silver in deposits at Is. per oz. fine (see Bullion '66 ' Account) . / \dlue Of Sih or 201011th E10,. Depositors . :33? Value of Silver purchased at” Is. per oz. fine .. 864 51 q 1“ £55m ase I 31 Premium on sale of Silver Bullion“ .
1920 Perth market_pricepence per ounce fine report page 58
The average price obtained in 1919 was 5751 pence, and 67-54 pence in 1920. The revenue from this source after deducting1 the amount paid to the depositors for silver, shipping expenses, etc.,amounted to 17,3191. 7s. 0d. Details for the las
1920 Perth supply_for_coinageounces fine report page 58
During,r 1920, silver equivalent to 117,123‘17 ounces fine was sold by the Branch for the total sum of 32,9581. 13. 2d. as compared with 133,974'64 ounces fine sold in 1919 for 32,101]. 143. 5d. The average price obtained in 1919 was 5751 pen
1920 Perth market_pricepence per ounce fine report page 61
The average price obtained in 1921 was 40-18 pence, and 6754 pence in 1920. The revenue from this source 'in 1921, after deducting the ‘Silver Bullion . .. 121 _ amount paid to depositors for silver, shipping expenses, etc., amounted to 9,0
1920 Perth supply_for_coinageounces fine report page 61
During 1921 silver equivalent to 102,554‘87 ounces fine was sold by the Branch for the total sum of 17,1681. 16s. 7d. as compared with 117,123'17 ounces of fine silver sold in 1920 for 32,9581. 13. 2d. The average price obtained in 1921 was 4
1920 Perth rateper ounce fine report page 64
at ls. per 02. per oz. std. fine. i ‘ l per oz. std. fine. Bullion in store on 025 std. g s. d . . s. , g s. d. Gold Coin :— ozs. std. g s, d. 025. fine. 5 s. d. lst January, 1920 1,990'09: 7,748 18 3 ' -' 11 " 0,126 9 6 For Circulation 635,15
1920 Sydney arrangement report page 43
Besides fine silver purchased by the Treasury there were used for the Australian silver coinage, ingots from worn and re—issuable British silver coin withdrawn, ingots of silver extracted from gold, and a quantity of German silver coin. For
1920 Sydney rateper ounce fine report page 46
Value of silver in deposits at 1.9. the oz. fine Premium on silver bullion sold . Paid over to State Treasury . . o $011300 0:000 3. Li: Proceeds of sale of Sweep : Gross 7%9 14 1 Less Expenses 50 12 6 Balance due to State Treasury Balance S
1920 Sydney rateper ounce fine report page 46
Value of silver in deposits at 1.3. the 02. fine Premium on silver bullion sold Balance due to State Treasury . 137 £ 8. d. Proceeds of sale of Sweep : Gross 288 17 6 Less Expenses 144 7 8 "é H00 00 ”7V0 p—r Charges for Commonwealth Coinages
1922 Melbourne purchaseounces fine report page 42
silver to meet the . ,1 4 requirements of manufacturers. In addition to the silver extracted ,’ '1 from the gold 7,073 ounces fine have been purchased to meet the f' ' . r - demand. - " i The revenue for the year was 33,7641. 63. 7d. of whic
1922 Melbourne rateper ounce fine report page 45
at 18. per ounce fine and the amount realised on the Silver Bullion sold. Balance due to State Treasury on Ist January, 1922 Mint Charges Value of Bullion recovered from Sweep from pro-melting Value of Silver in deposits at 13. per oz. fine
1922 Melbourne rateper ounce fine report page 45
Value of Silver in deposits at 13. per oz. fine (see Bullion Account) Value of Silver purchased at 18. per oz. fine Premium on sale Of Silver Bullion* Gain on coin deliveries for year 1922 .. Charge for manufacture of Silver Coinage ,, ,, Br
1922 Melbourne rateper ounce fine report page 45
Value of Silver purchased at 18. per oz. fine Premium on sale Of Silver Bullion* Gain on coin deliveries for year 1922 .. Charge for manufacture of Silver Coinage ,, ,, Bronze ,, Fees . Proceeds of sale of Sweep (Gold deposits and Gold Coina
1922 Perth market_pricepence per ounce fine report page 49
The average price obtained in 1921 was 4018 pence per ounce, and in 1922 it was 37-91 pence per ounce. Details of the revenue obtamed from this source for two years past is shown in this table :—« 1921 t 1922 £ 3. d. 1 £ a. d. Paid to Depos
1922 Perth supply_for_coinageounces fine report page 49
During 1922, silver equivalent to 101,721~82 ounces fine was sold by this Branch for the total sum of 16,0671. Os. 4d. as compared with 102,554-87 ounces fine sold for 17,1681. 16s. 7d. in 1921. The average price obtained in 1921 was 4018 pen
1922 Perth rateper ounce fine report page 51
at ls. per 02. fine. 4‘ Total Value. Gold. Issues. £ 8. d. 15,764 16 1 6,3384 16 10 411 15 3 2,238 11 10 85 1 10 E.—GOLD DEPOSITS and GOLD COINAGE ACCOUNT of the PERTH MINT for the year 1922. Silver (contained in gold ‘ deposits). Silver I c
1922 Sydney rateper ounce fine report page 39
Value of silver in Deposits at 1 < the oz, fine Premium on silver bullion sold Proceeds of sale of sweep: gross... 524 17 10 Less expenses... 14 2 6 Charges for Commonwealth coinage Gain in Coin deliveries ,, ,, computations £15,821 I37 .
1922 Sydney regulation report page 41
less than 5 ounces of gold or 50 ounces of silver. Gold will be charged for at the rate of £3 17s. 10%. per ounce standard, and silver at such a rate as the Deputy Master may from time to time determine. 10. Light gold coin of the realm in
1923 Melbourne purchaseounces fine report page 51
form of standard silver to meet the requirements of manufacturers. In addition to the silver extracted from the gold 9,200'29 ounces fine have been purchased to meet the demand. The revenue for the year was 23,385l. 4s. 4d. of which 14,519l.
1923 Melbourne rateper ounce fine report page 56
at 1.9. per oz. fine (see Gold Deposits and Gold Coinage Account) Value of Silver purchased at 1.9. per 02. fine Premium on sale of Silver Bullion* Gain on coin deliveries for year 1923 Charge for manufacture of Silver Coinage ,, Bronze ,, Fe
1923 Melbourne rateper ounce fine report page 56
Value of Silver in deposits at 1.9. per oz. fine (see Gold Deposits and Gold Coinage Account) Value of Silver purchased at 1.9. per 02. fine Premium on sale of Silver Bullion* Gain on coin deliveries for year 1923 Charge for manufacture of Si
1923 Melbourne rateper ounce fine report page 56
Value of Silver purchased at 1.9. per 02. fine Premium on sale of Silver Bullion* Gain on coin deliveries for year 1923 Charge for manufacture of Silver Coinage ,, Bronze ,, Fees .. ~ Proceeds of sale of Sweep (Gold deposits and Gold Coinage
1923 Perth market_pricepence per ounce fine report page 61
The Laverage price obtained in 1923, was 34-61 New Impenel silver com Of.th(13 fineness 500’ though not legal ' ?: pence per ounce fine as compared with 37-91 pence per ounce fine tender m Australia, 15 found m 01m“ ation to some extent. iii?
1923 Perth rateper ounce fine report page 63
at 15. peroz.l fine. 1 Gold. Issues. ~___ Value j Weight. iat53 175.1014. , per 02. std. Bullion in store on 025. ] g 15t]anuary,1923 ‘ 6,408-78I Deposits :— , 1 Rough Gold 543,861'55‘ 2,117,660 19 5 Silver coin ‘ — j Bullion received I g fr
1924 Melbourne purchaseounces fine report page 55
the form of standard silver to meet the requirements of manufacturers. In addition to the silver extracted flrom gpld 54,655-87 ounces fine have been purchased to meet the ( emanc . The revenue for the year was 15,489l. 4s. 1d. of which 10,4
1924 Melbourne rateper ounce fine report page 59
at 13. per 02. fine (see Gold Deposits and Gold Coinage Account) .. . Value of Silver purchased at 18. per oz. fine Premium on sale of Silver Bullion* Charge for manufacture of Silver Coinage n ,, Bronze ,, Fees Proceeds of sale of Sweep (Gol
1924 Melbourne rateper ounce fine report page 59
Value of Silver in deposits at 13. per 02. fine (see Gold Deposits and Gold Coinage Account) .. . Value of Silver purchased at 18. per oz. fine Premium on sale of Silver Bullion* Charge for manufacture of Silver Coinage n ,, Bronze ,, Fees Pr
1924 Melbourne rateper ounce fine report page 59
Value of Silver purchased at 18. per oz. fine Premium on sale of Silver Bullion* Charge for manufacture of Silver Coinage n ,, Bronze ,, Fees Proceeds of sale of Sweep (Gold Deposits and Gold Coinage) Gain on Fractional Difference (Bullion A
1924 Perth market_pricepence per ounce fine report page 62
The average price obtained in 1924 was 3693 pence per ounce fine as compared with 34-61 pence per ounce fine. in 1923. A table of the revenue obtained from this source for two years past is given. . _ 55 s. (l. 1; s. (I. Paid to DepOSItors fo
1924 Perth supply_for_coinageounces fine report page 62
During 1924, silver equivalent to 8507368 ounces fine was sold for 13,0891. 2s. 911. Local sales accounted for 1,957-49 ounces, the. balance going to the Melbourne Branch on account of the Common- wealth Treasury. The average price obtained
1924 Perth rateper ounce fine report page 65
at ls.peroz. Weight. at [3 173. 101d. \Velght. at ls. per 02. per oz. std. , fine. per oz. std. ‘ fine. Bull' ' s. i s. d.‘ 025. . . . . Gold Coin '— . 025. g . , . £ 5. d. g s. lsiofaiilujigrelg‘gi 30:8“? 15:5125 3 1 8.36915 ~ , A - For Circ
1924 Sydney rateper ounce fine report page 52
Value of silver in deposits at Is. the oz, fine Premium on silver bullion sold Balance due to State Treasury Ist January, 1924 Mint charges deducted collected Proceeds of sale of sweep : gross... Less expenses... sweep Charges for Commonweal
1925 Melbourne purchaseounces fine report page 56
havebeen made to jewellers and others for manufacturing purposes. ln order to meet the demand it has been necessary to purchase 9,342-50 ounces of fine silver in addition to the supplies derived from the process of gold refining. H The revenu
1925 Melbourne rateper ounce fine report page 60
at 18. per oz. fine (ace Gold Deposrts and Gold Coinage Account) Value of Silver purchased at 15. per 02. fine Premium on sale of Silver Bullion* Charge for manufacture of Silver Coinage .. ,, Bronze .. Fees Proceeds of sale of Sweep (Gold De
1925 Melbourne rateper ounce fine report page 60
Value of Silver in deposits at 18. per oz. fine (ace Gold Deposrts and Gold Coinage Account) Value of Silver purchased at 15. per 02. fine Premium on sale of Silver Bullion* Charge for manufacture of Silver Coinage .. ,, Bronze .. Fees Procee
1925 Melbourne rateper ounce fine report page 60
Value of Silver purchased at 15. per 02. fine Premium on sale of Silver Bullion* Charge for manufacture of Silver Coinage .. ,, Bronze .. Fees Proceeds of sale of Sweep (Gold Deposits and Gold Coinage) . . Gain on Fractional Difference (Bull
1925 Perth market_pricepence per ounce fine report page 64
The average price obtained in 1925 was 34-76 pence per ounce fine as compared with 36-93 pence per ounce fine in 1924. A table of the revenue obtained from this source for two years past is given. 1 £ 5 d. 1 £ 5. 11, Paid to Depositors for si
1925 Perth supply_for_coinageounces fine report page 64
During 1925 silver equivalent to 79,119-03 ounces fine was sold for 11,4601. 10s. 7d. Local sales accounted for 1,817-32 ounces, the balance going to the Melbourne Branch on account of the Common- wealth Treasury. The average price obtained
1925 Sydney rateper ounce fine report page 53
Value Of silver in deposits at Is. the OZ. fine Premium on silver bullion sold Proceeds of sale of sweep: gross... Less expenses... Extra Value :—Pyx Pieces, 1921w~23 Charges for Commonwealth coinage Gain in coin deliveries ‘ ,, ,, computati
1925 Sydney rateper ounce fine report page 53
Value of silver purchased at Is.the oz. line Balance of Silver Revenue Account, j 151: January, 1925 I3; 366 I 382 £11,69I 'u‘ H er.(\l H IfiH l\ VENOM)». (X30 5 12 I {l
1926 Melbourne rateper ounce fine report page 57
at I8. per 02. fine (see Gold Deposits and Gold Coinage Account) 549 Value of Silver purchased at 1.9. per 02. fine 189 Premium on sale of Silver Bullion* 1,210 Charge for manufacture of Silver Coinage 26,686 ,, ,, Bronze ,, 4,516 Fees 1,364
1926 Melbourne rateper ounce fine report page 57
Value of Silver in deposits at I8. per 02. fine (see Gold Deposits and Gold Coinage Account) 549 Value of Silver purchased at 1.9. per 02. fine 189 Premium on sale of Silver Bullion* 1,210 Charge for manufacture of Silver Coinage 26,686 ,, ,,
1926 Melbourne rateper ounce fine report page 57
Value of Silver purchased at 1.9. per 02. fine 189 Premium on sale of Silver Bullion* 1,210 Charge for manufacture of Silver Coinage 26,686 ,, ,, Bronze ,, 4,516 Fees 1,364 Proceeds of sale of Sweep (Gold Deposits and Gold Coinage) .. 242 Ga
1926 Perth market_pricepence per ounce fine report page 60
The average price obtained in 1926 was 31-67 pence per ounce fine as compared with 34-76 pence per ounce fine in 1925. The revenue obtained from this source during the last two years was as follows :— 1925 1926 ’ ‘ 1 t 1' s. (I. l 1.‘ 5. (1.
1926 Perth supply_for_coinageounces fine report page 60
During 1926 silver equivalent to 66,344-22 ounces fine was sold for 8,7541. 14s. 4d. Local sales accounted for 1,992-09 ounces, the balance going to the Melbourne Branch on account of the Common- wealth Treasury. The average price obtained i
1926 Perth regulation report page 65
Bronze— 1 1 1700 1 _ _ __ Standard gold at £3 17s. 101d. per ounce troy, and a proportion of Flagging Nil. 1 Nil. l ’300 _ — ~ the silver at a rate per ounce to be fixed by the Deputy Master from pgrtfiings j l — ~ ‘ — — time to time. The pro
1927 Melbourne rateper ounce fine report page 54
1s. per ounce fine and the amount realised on the Silver Bullion sold. C 1923 1924 1925 1926 19 1922) Xclu l 1872 to 1) I.*‘ 7 1 TA 13 192 new.“ 7. opening of the Mint on the 12th June, 1872, to the 3lst December, 'l‘oml Melbourne '13 33,42
1927 Melbourne rateper ounce fine report page 54
Value of Silver in deposits at 15. per oz. tine 1x071 (151d Shinni' fl ,1} v . purchased 78§ 191 . Deposits: and Gold Coinztge Account) 447 3 i). 6} 111'5 9x11511305” _ fr) (3 \alue of Silver purchased {it Is. per 07.. fine 329 18 1 1’11 ()1
1927 Perth market_pricepence per ounce fine report page 57
The average price obtained in 1927 was 2820 pence per ounce fine as compared with 31 '67 pence per ounce fine in 1926. The revenue obtained from this source during the last two years was as follows :— l 1926. l 1927. J 3. d. ,5 5. (Z. Paid to
1927 Perth supply_for_coinageounces fine report page 57
During 1927 silver equivalent to 49,179'52 ounces fine was sold for 5,778]. 63. 10d. Local sales accounted for 2,175‘14 ounces, the balance going to the Melbourne Branch on account of the Common- wealth Treasury. The average price obtained i
1927 Perth rateper ounce fine report page 60
at 15. per oz. \\'eiglit. fine, ‘ \’ alue I Bullion in store on S. 10 18 01:41 5 9 i-n 1‘ s. a, 1; Gold. l 1 Value i per oz. std. 1 ‘(mid Coin .2 ,. 1,382,842 s. 1‘ or Circulation 18 11168175. 10.1.11. 11. ,' Silver , (contained '11 g depos
1928 Melbourne rateper ounce fine report page 51
at 15. per 02. fine (535 Gold Value of Silver allowed to Depositors Deposits and Gold Coinage Account) ,, ,, purchased Value Of Silver purchased at 15. per oz. fine Shipping Expenses Premium on sale of Silver Bullion*.. Paid over to State Tre
1928 Melbourne rateper ounce fine report page 51
Value Of Silver purchased at 15. per oz. fine Shipping Expenses Premium on sale of Silver Bullion*.. Paid over to State Treasury... Charge for manufacture of Silver Coinage Balance due to State Treasury on 3lst December 1928 ,, ,, Bronze ,,
1928 Perth market_pricepence per ounce fine report page 55
The average price obtained in 1928 wasfi‘Z . 131927 per ounce fine as compared with 2820 pence per ounce ne in S was The revenue obtained from this source during the last two year as follows :— 1928. £ 5. (1. £54 53. 1:. Paid to Depositors f
1928 Perth rateper ounce fine report page 57
at ls. per oz. fine. Gold. Total Value. Silver (contained in gold deposits). Issues. Value at £3 17s, 101d. per 02. std. Weight. Weight. at ls. per oz. Tota lValue. Value fine. Bullion in store on ozs. lst January, 1928 - 3,037-55 Deposits :
1929 Melbourne rateper ounce fine report page 55
at 15. per oz, VALUE. ISSUES. Weight 015. std. Value at £3 175. 1014. per 02. Weight 25. fine. Value at 15. per oz, VALUE. Bullion in Store lst January, 1929. Deposits. — Rough Gold Light Gold Coin Bullion received from Sweep from pre- melti
1929 Melbourne rateper ounce fine report page 56
at ls. per 02. fineT (see Gold Deposits and Gold Coinage Account) . Premium on sale of Silver Bullion*. . Charge for manufacture of Silver Coinage. ,, ,, Bronze ,, Fees Proceeds of sale of Sweep (Gold Deposits and Gold Coinage) .. . Gain on
1929 Melbourne rateper ounce fine report page 56
Value of Silver in deposits at ls. per 02. fineT (see Gold Deposits and Gold Coinage Account) . Premium on sale of Silver Bullion*. . Charge for manufacture of Silver Coinage. ,, ,, Bronze ,, Fees Proceeds of sale of Sweep (Gold Deposits and
1929 Perth market_pricepence per ounce fine report page 59
The average price obtained in 1929 was 2698 pence per ounce fine as compared with 2921 pence per ounce fine in 1928. The revenue obtained from this source during the last two years was as follows :— 1928. 1929. £ 5. d. ,6 5. (Z. Paid to Depos
1929 Perth supply_for_coinageounces fine report page 59
During 1929 silver equivalent to 50,691'90 ounces fine was sold for 5,6991. 65. 5d. Local sales accounted for 3,089'94 ounces, the balance going to the Melbourne Branch on account of the Common- wealth Treasury. The average price obtained in
1929 Perth rateper ounce fine report page 62
at ls. per 02. fine. Weight. Gold. Silver (contained in gold deposits). Issues. Value at £3 17s. 1014. per 02. std. Weight. Total Value. Value at 15. per 02. fine, \Veight. Bullion in store on Ist January, 1929 - Deposits 2—— Rough Gold Bulli
1930 Melbourne rateper ounce fine report page 55
at 6d. per oz. fineT (see Gold Deposits and Gold Coinage Account) . Premium on sale of Silver Bullion*.. Charge for manufacture of Bronze and Cupro- -nickel Coinage . . Fees Proceeds of sale of Sweep (Gold Deposits and Gold Coinage) . Gain o
1930 Melbourne rateper ounce fine report page 55
Value of Silver in deposits at 6d. per oz. fineT (see Gold Deposits and Gold Coinage Account) . Premium on sale of Silver Bullion*.. Charge for manufacture of Bronze and Cupro- -nickel Coinage . . Fees Proceeds of sale of Sweep (Gold Deposit
1930 Perth market_pricepence per ounce fine report page 58
The average price obtained in 1930 was 19-66 pence per ounce line as compared with 26-98 pence per ounce fine in 1929. The refienue obtained from this source during the last two years was as 10 ows 2—4 l 1929. 1930. . _ s. d. I . (1. Paid to
1930 Perth supply_for_coinageounces fine report page 58
During 1930 silver equivalent to 46,396-40 ounces fine was sold for 3,8002. 7S. 1003. Local sales accounted for 1,345. 26 ounces. Messrs. ‘Johnson Matthey & Co., London, took 9,240-88 ounces, the balance going to the Melbourne Branch on
1930 Perth rateper ounce fine report page 62
at ls. peroz. Value fine. Total Value. Silver (contained in gold deposits). ' Gold. Issues, Value at ls. per oz. Value at £3 175. 101d. per 02. std. \Veight. Total Value. g s. (1. 12,662 7 11 18 10 025. 6,083' 015. 3,251 -98 Bullion in store
1931 Melbourne rateper ounce fine report page 52
at 1d per oz. fine (see Gold Deposits and Gold Coinage Account) . Value of Silver purchased at 1d. per 02. fine Premium on sale of Silver Bullion’“. .. Charge for manufacture of Silver Coinage. Bronze. 1: ., Fees .. Proceeds of sale of Sweep
1931 Melbourne rateper ounce fine report page 52
Value of Silver in deposits at 1d per oz. fine (see Gold Deposits and Gold Coinage Account) . Value of Silver purchased at 1d. per 02. fine Premium on sale of Silver Bullion’“. .. Charge for manufacture of Silver Coinage. Bronze. 1: ., Fees .
1931 Melbourne rateper ounce fine report page 52
Value of Silver purchased at 1d. per 02. fine Premium on sale of Silver Bullion’“. .. Charge for manufacture of Silver Coinage. Bronze. 1: ., Fees .. Proceeds of sale of Sweep (Gold Deposits and Gold Coinage) Gain on Fractional Diflerence (Bu
1931 Perth market_pricepence per ounce fine report page 55
The average price obtained in 1931 was 16- 18 pence per ounce fine as compared with 19% pence per ounce fine in 1930. The ievenue obtained from this source during the last two years was as ollows :——~ 1930. 1931. ,5 s. d. f s. 03 Paid to Depo
1931 Perth supply_for_coinageounces fine report page 55
During 1931 silver equivalent to 55,824-04 ounces fine was sold for 3,7631. 12s. 7d. Local sales accounted for 1,548- 37 ounces. Messrs. Johnson Matthey & C0,, London, took 54,275-67 ounces. The average price obtained in 1931 was 16- 18
1931 Perth rateper ounce fine report page 59
at 3d. per oz. Value fine. Total Value. Gold. Issues. Value at £3 17:. 101d. per oz. std. Weight. (contained in gold Weight. Silver deposits). Total Value. Value at 311. per 02. fine. - «,W—a-~-—~ 7» Bullion in store on Ist january, 1931 - De
1931 Perth regulation report page 60
gold at 31. 178. 10.103. per ounce troy, and a proportlon 01 . "‘ H '—‘ co to e: ~ “ ‘ a) a) E 8 >3& 2‘ .2 5. g“ a 2‘ § the Silver at a rate per ounce to be fixed by the Deputy Master from :5: E E E e " " 7 " °' E time to time. The pr
1932 Melbourne rateper ounce fine report page 56
at 1d. per 02. fine (see Gold Deposits and Gold Coinage Account) 212 17 Value of Silver purchased at 111. per 02. fine 11 2 Premium on sale of Silver Bullion* 2,932 6 11 Charge for manufacture of Silver Coinage -— Charge for manufacture of Br
1932 Melbourne rateper ounce fine report page 56
Value of Silver in deposits at 1d. per 02. fine (see Gold Deposits and Gold Coinage Account) 212 17 Value of Silver purchased at 111. per 02. fine 11 2 Premium on sale of Silver Bullion* 2,932 6 11 Charge for manufacture of Silver Coinage -—
1932 Melbourne rateper ounce fine report page 56
Value of Silver purchased at 111. per 02. fine 11 2 Premium on sale of Silver Bullion* 2,932 6 11 Charge for manufacture of Silver Coinage -— Charge for manufacture of Bronze Coinage 8,707 10 Fees 311 5 10 g Proceeds of sale of Sweep (Gold D
1932 Perth market_pricepence per ounce fine report page 61
The average price obtained in London was 19:56 pence per ounce fine. The revenue obtained from this source during the last two years was as follows 1»— 1931. £ 5. (,- Paid to Depositors for silver allowed 467 9 2,643 Shipping expenses 54 l 7
1932 Perth supply_for_coinageounces fine report page 61
During 1932 silver equivalent to 72,901-27 ounces fine was sold for 5,976l. 123. Local sales accounted for 1309-83 ounces. Messrs. Johnson Matthey & Co., London, took 71,591-44 ounces. The average price obtained in London was 19:56 pence
1932 Perth rateper ounce fine report page 64
at 3d. per oz. ‘ . at £3 17s. 1014. Weight. at 3d. per oz. per 02. std. fine. per 02. std. fine. Bullion in store on 025. g s. d. 025. £ 5. d, £ . . Gold Coin :— . 5 s. d. . d. E s. d. lst January, 1932 - 357-11 1,390 9 11 16,683-54 208 10 11
1933 Melbourne rateper ounce fine report page 64
at 1d. per oz. fine (sec Gold Deposits and Gold Coinage Account) Premium on sale of Silver Bullion* Charge for manufacture of Silver Coinage Charge for manufacture of Bronze Coinage Fees Proceeds -Of sale of Sweep (Gold DepOsits and Gold Coi
1933 Melbourne rateper ounce fine report page 64
Value of Silver in deposits at 1d. per oz. fine (sec Gold Deposits and Gold Coinage Account) Premium on sale of Silver Bullion* Charge for manufacture of Silver Coinage Charge for manufacture of Bronze Coinage Fees Proceeds -Of sale of Sweep
1933 Perth market_pricepence per ounce fine report page 68
The average price obtained in London was 19-62 pence per ounce fine. The revenue obtained from this source during the last two years was as follows :— ! 1932. 1933. l f; s. (1. £ s. (1. Paid to Depositors for silver allowed 2,643 12 2 3,729
1933 Perth supply_for_coinageounces fine report page 68
During 1933 silver equivalent to 89,370-87 ounces fine was sold for 7,343l. 163. 5d. Local sales accounted for 1,390-67 ounces. Messrs. Johnson Matthey & Co., London, took 87,980-20 ounces. The average price obtained in London was 19-62
1933 Perth rateper ounce fine report page 71
at 3d. per oz. Weight. at [3 17:. 10%. Weight. at 34. per oz. per 02. std. ' fine. per 02. std. fine. Bullion in store on ozs. g s. d. 07.5. 5 s. d. £ 3. . ' lst January, 1933... 437'92 1,705 3 1 23,777'02 297 4 3 2,002 7 For Circulation — __
1934 Melbourne rateper ounce fine report page 64
at 1d. per 02. Weight 025. std. Weight Ozs. fine. VALUE. g s. d. g s. d. ,5 s. :1. 9,891 5,800-23 24 3 9,91512 4 857,777 14 1 857,931 4 Bullion in Store lst January, 1934 Deposits :— Rough Gold .. Bullion received from Sweep from pre-melting
1934 Melbourne rateper ounce fine report page 64
Value of Silver in deposits at 162. per oz. fine (see Gold Deposits and Gold Coinage Account) Value of Silver purchased at 1d. per 02. fine Premium on sale of Silver Bullion* Charge for manufacture of Silver Coinage Charge for manufacture of
1934 Melbourne rateper ounce fine report page 64
Value of Silver purchased at 1d. per 02. fine Premium on sale of Silver Bullion* Charge for manufacture of Silver Coinage Charge for manufacture of Bronze Coinage Fees . Proceeds of sale of Sweep (Gold Deposits and Gold Coinage) Gain on Frac
1934 Perth market_pricepence per ounce fine report page 68
The average price obtained in London was 23-09 pence per ounce fine. The revenue obtained from this source during the last two years was as follows :— 1933. 1934. s. d. £ 5. d. Paid to Depositors for silver allowed 3,729 5 5 3,383 11 4 Shipp
1934 Perth supply_for_coinageounces fine report page 68
During 1934 silver equivalent to 74,026-13 ounces fine was sold for 7,171l. 14s. 11d. Local sales accounted for 2,332-92 ounces. Messrs. Johnson Matthey & (30., London, took 71,693-21 ounces. The average price obtained in London was 23-0
1934 Perth rateper ounce fine report page 71
at 3d. per oz. Weight. fine. Gold. Silver (contained in gold deposits) . Issues. Value at {3 17s, 101d. per oz. std. Value at 3d. per 02. Weight. fine . Total Value. 5. d. Bullion in store on lst january, 1934 Deposits :— Rough Gold Bullion r
1935 Melbourne rateper ounce fine report page 85
at 1d. per oz. fine (see Gold Deposits and Gold Coinage Account) .. 181 Value of Silver purchased at 1d. per oz. fine 43 Premium on sale of Silver Bullion* Charge for manufacture of Silver Coinage . . . ... Charge for manufacture of Bronze Co
1935 Melbourne rateper ounce fine report page 85
Value of Silver in deposits at 1d. per oz. fine (see Gold Deposits and Gold Coinage Account) .. 181 Value of Silver purchased at 1d. per oz. fine 43 Premium on sale of Silver Bullion* Charge for manufacture of Silver Coinage . . . ... Charge
1935 Melbourne rateper ounce fine report page 85
Value of Silver in deposits at 1d per oz. fine (566 Gold Deposits and Gold Coinage Account). 209 Premium on sale of Silver Bullion* .. 4, 500 Charge for manufacture Of Silver Coinage 23, 378 Charge for manufacture of Bronze and Cupro- -Nicke
1935 Melbourne rateper ounce fine report page 85
Value of Silver purchased at 1d. per oz. fine 43 Premium on sale of Silver Bullion* Charge for manufacture of Silver Coinage . . . ... Charge for manufacture of Bronze Coinage 13,584 Fees . . 566 Proceeds of sale of Sweep (Gold Deposits and
1935 Perth market_pricepence per ounce fine report page 89
The average price obtained in London was 31-31 pence per ounce fine. The revenue obtained from this source during the last two years was as follows :— 1934. 1935. g s. d. f: s. 11. Paid to Depositors for silver allowed 3,383 11 4 5,759 5 7 S
1935 Perth supply_for_coinageounces fine report page 89
During 1935 silver equivalent to 77,411-93 ounces fine was sold for 10,134l. 19s. 10d. Local sales accounted for 1,575-73 ounces. Messrs. Johnson Matthey & Co., London, took 75,836-20 ounces. The average price obtained in London was 31-3
1935 Perth market_pricepence per ounce fine report page 91
The average price obtained in London was 22-05 pence per ounce fine. The revenue obtained from this source during the last two years was as follows :— 1935. 1936. Paid to Depositors for silver allowed Shipping expenses ank charges ,5 5. 5,75
1935 Perth supply_for_coinageounces fine report page 91
During 1936 silver equivalent to 97,635-44 ounces fine was sold for 9,021]. 153. 4d. Local sales accounted for 2,208-56 ounces. Messrs. Johnson Matthey & Co., London, took 95,426- 88 ounces. The average price obtained in London was 22-05
1935 Perth rateper ounce fine report page 95
at 3d. per oz. 1 fine. Weight. Bullion in store on Ist January, 1936 Deposits :— Rough Gold Bullion received from Sweep from pre-melting ozs. 338-94 864,186-47 8960 40972 Gain in operating ; , s. 4. 1,319 1411 3,364,926 7 348 17 7 1,595 6 11
1937 Melbourne rateper ounce fine report page 51
at 1d. per 02. fine (see Gold Deposits and Gold Coinage Account) 389 Premium on sale of Silver Bullion* 4,798 Charge [or manufacture of Silver Coinage 34,162 Charge for manufacture of Bronze and CuprO—Nickel Coinage 14,352 Fees 799 Proceeds
1937 Melbourne rateper ounce fine report page 51
Value Of Silver in deposits at 1d. per 02. fine (see Gold Deposits and Gold Coinage Account) 389 Premium on sale of Silver Bullion* 4,798 Charge [or manufacture of Silver Coinage 34,162 Charge for manufacture of Bronze and CuprO—Nickel Coina
1937 Perth market_pricepence per ounce fine report page 55
The average price obtained in London was 18 41 pence per ounce fine. The revenue obtained from this source during the last two years was as follows :— 1936. 1937. ., s. d. ,5 s. d: Paid to Depositors for silver allowed 5,847 18 9,956 16 6 Sh
1937 Perth supply_for_coinageounces fine report page 55
During 1937 silver equivalent to 174,704- 48 ounces fine was sold for 13,5031. 2s. 11d. Local sales accounted for 2,388-32 ounces. Messrs. Johnson Matthey & Co., London, took 172,316' 16 ounces. 95 The total net revenue paid to the State
1937 Perth rateper ounce fine report page 58
at 3d. per oz. 1' l Total Value. Value Value at {3 175.10ch. per oz. std. Weight. fine. 5 s.d.‘ g s. d. 4641011 1,927 3 1 1 Issues. d! d" Gold Coin :— 1 For circulation.. Pyx pieces Gold bullion Silver bullion Fractional differ 409 19 5 ence
1938 Melbourne rateper ounce fine report page 60
at 1d. per oz. fine (see Gold Deposits and Gold Coinage Account) Premium on sale of Silver Bullion* . . 10,419 14 Charge for manufacture of Silver Coinage 30,048 Charge for manufacture of Bronze and Cupro-Nickel Coinage ...21,867 Fees . . 61
1938 Melbourne rateper ounce fine report page 60
Value of Silver in deposits at 1d. per oz. fine (see Gold Deposits and Gold Coinage Account) Premium on sale of Silver Bullion* . . 10,419 14 Charge for manufacture of Silver Coinage 30,048 Charge for manufacture of Bronze and Cupro-Nickel C
1938 Perth supply_for_coinageounces fine report page 64
During 1938 silver equivalent to 194,343 55 ounces fine was sold for 22,1341. 105. 7d. Local sales accounted for 2,566-03 ounces. Messrs. Johnson Matthey & Co., London, took 191,777- 52 ounces. The revenue obtained from this source durin
1938 Perth rateper ounce fine report page 67
at 3d. per oz. fine. 1 £ 'S-d -| l l l 1 .1 ID 05] ;,. fl |!‘ m 30 1 211 ‘1, 298 111 3 1 05 12,906 12 ..21,837 9 6 297 1 1 4 ,497,714 N? S. 2,429 01 to '1' 178 16 1,438 9 3 14,501,761 22,134 3,793 276 8 .—1 Total Value. '9' V’” 33.4 3 .u’hh
1938 Perth regulation report page 68
4. The value Of each deposit will be calculated as follows z—Standard gold at 31. 17s. 10%d. per ounce troy, and a proportion of the silver at a rate per ounce to be fixed by the Deputy Master from time to time. The proportion Of silver paid
1945 Melbourne premium_paid report page 27
Premium on silver purchased . . . . . . . . Shipping expenses . . . . . . . . . . Paid over to State Treasury . . ~15 Balance clue to State Treasury on 31st December, 1945 "6 ,6 3. 2,071 11 2 12 1 1,227 7 5,092 5 63 6 2,085 11 321 13 HHQO‘Q
1945 Melbourne rateper ounce fine report page 27
at 1d. per ounce fine Premium on sale of Silver Bullion . . . . . . Charge for manufacture of Silver Coinage . . . . Charge for manufacture of Bronze Coinage . . . . 6,468 Fees 1,533 Claim paid by Insurance Company . 4 Proceeds of sale of Sw
1945 Melbourne rateper ounce fine report page 27
Value of Silver in deposits at 1d. per ounce fine Premium on sale of Silver Bullion . . . . . . Charge for manufacture of Silver Coinage . . . . Charge for manufacture of Bronze Coinage . . . . 6,468 Fees 1,533 Claim paid by Insurance Compan
1945 Perth supply_for_coinageounces fine report page 29
During 1945, Silver equivalent to 147,86121 ounces fine was issued, of which 132,132-85 ounces were disposed of to the Commonwealth Govern- ment and 15,728-36 ounces to the public. The total amount realised from the sale of silver was £23,56
1945 Perth rateper ounce fine report page 33
15. per 02. Vciglit [3 175. 10M. Weight 15. per oz. per oz. std. fine per 02. std. fine oz. 5 s. 11. oz. 5 s. d. ,6 s. d. 02. f s. 11. oz. ,6 s. d. % Bullion in store on Gold Coin : l lst January, 194:3 347-56 1,353 (3 3 19358136 967 18 4 2,
1946 Melbourne standard_change report page 10
higher. The reduction was made to avert hoarding of silver coin, in view of an anticipated rise in the price of silver to a pornt where the bullion value of the coin would become greater than its face value. The Act authorising the change w
1946 Melbourne standard_change report page 30
Commonwealth Treasury requested me to supply some data on a projected alteration of the alloy for silver coinage, as, from information received, an increase in the price of silver was expected such as might enforce such an alteration. Four
1946 Melbourne standard_change report page 30
immediately undertaken and the London Mint kindly supplied practical data for the quaternary alloy. At a later date the Treasury and the Commonwealth Bank expressed their fears of hoarding if the anticipated rise in silver price occurred. T
1946 Melbourne standard_change report page 30
The choice of new alloy was then confined to either the 66% ‘X, silver, which compositlon would cover the expected rise in price of silver and at the same time utilise as much of the local silver production as possible, or the British quater
1946 Melbourne premium_paid report page 35
Premium on silver purchased . . . . . 16,246 9 Value of bullion recovered from svi'eep from pre- -rne1ting 85 Shipping expenses . . . . . 167 3 Value of silver 1n deposits at 1d. per ounce fine . . 85 Paid over to State Treasui'v . . . . 148
1946 Melbourne rateper ounce fine report page 35
at 1d. per ounce fine . . 85 Paid over to State Treasui'v . . . . 148,926 12 Premium on sale of silver bullion . . . . 17,395 Balance due to State Treasury on 31st December, 1946 820 10 Charge for manufacture of silver coinage . . . 141,084
1946 Perth supply_for_coinageounces fine report page 37
During 1946 silver equivalent to 155,086-98 ounces fine was issued, of which 149,116-86 ounces were disposed of to the Commonwealth Government and 5,970-12 ounces to the public. The total amount realised from the sale of silver was £41,076 1
1946 Perth rateper ounce fine report page 41
15. per oz. Weight £3 17:. 104d, \Veight 15. per 02, per oz. std. fine per 02. std. fine oz. ,1; s. (1. oz. 5 s. d. g 5. 02. I s. d. 02. £ 3. d. I s. d. d Bullion in store on Gold Coins: lst January, 1946 449-95 1,751 19 10 8,905-64 445 :3 8
1947 Melbourne premium_paid report page 39
Premium on silver purchased 4,572 Shipping expenses . 81 Paid over to State Treasury 187,854 Balance due to State Treasury on 31st December, 1947. 6 Premium on silver unsold on 3lst December, 1947 2,853 5‘ Paid over to Commonwealth Treasury
1947 Melbourne rateper ounce fine report page 39
at 1d per ounce fine. 146 10 Premium on sale of Silver Bullion , 13,513 5 Charge for manufacture of Silver Coinage 166,660 Charge for manufacture of Bronze Coinage 11,502 Fees . . 2,823 10 Proceeds of sale of sweep (Gold Deposits and Gold Co
1947 Perth supply_for_coinageounces fine report page 41
During 1947 silver equivalent to 190,124- 58 ounces fine was issued, Of which 184,523-65 ounces were disposed of to the Commonwealth Government and 5,600-93 ounces to the Public. The total amount realised from the sale of silver was £45,978
1947 Perth rateper ounce fine report page 44
15. per oz. Weight £3 17:. 1014!. Weight 13‘. per 02. per 02. std. fine per oz. Std. fine 8 oz. £ .9. d. oz. £ 5'. d. £ 3. AL] oz. £ s. d. 02. £ .7. d. £ S. d. Bullion in store on lstJanuary, 1947 358.22 1,394 16 5 13,708.24 685 8 3 2,080 4
1948 Melbourne rateper ounce fine report page 34
at 1d. per ounce fine Premium on sale of Silver Bullion Charge for manufacture of Silver Coinage 1 Charge for manufacture of Bronze Coinage 8 Charge for remelting used coin 1 Gain on Fractional Difference (Bullion Account) Gain on operations
1948 Perth supply_for_coinageounces fine report page 36
During 1948 silver equivalent to 179,775-04 ounces fine was issued of which 173,889-67 ounces were disposed of to the Commonwealth Government and 5,885-37 ounces to the Public. The total amount realised from the sale of silver was £42,624 14
1948 Perth arrangement report page 37
ample supplies of silver, so the arrangement whereby the Commonwealth Treasury purchased the silver ex gold, produced in this Branch, was terminated in November. The first staff change in the year was the appointment of Mr. E. L. Lewis to fil
1948 Perth rateper ounce fine report page 40
at ls. per 02. fine TOTA L VA LUE Issues SILVER 1 GOLD (Contained in gold ‘ deposits) 1 1 , VALUE Weight Value at £3 17:. 10%d. per 02. std. Value at is. per 02. fine Weight Bullion in store on lst January, 1948 Deposits: Rough Gold Bullion r
1949 Melbourne rateper ounce fine report page 49
at 1d. per ounce fine 486 g Pa1d over to State rUSERS/tn . 1,480 10 Premium on sale Of Silver Bullion . : .. .. 17,910 Purchase Of Cupéoénlc e CoiIn 1,250 Charge for manufacture of Silver COInage... 60,788 16 iggiaifglfeI—J—SSCUVCEDAECCIDUDI
1949 Perth supply_for_coinageounces fine report page 36
During 1949 silver equivalent to 182,430.98 ounces fin ' of which 178,659.40 ounces were disposed of to the 13531117313? London, and 3,771.58 ounces to the Public. The total amount realised frpm the .siale of silver was £46,529 7s. 8d. The n
1949 Perth rateper ounce fine report page 40
at ls. per 02. fine Value at £3 17:. 101d. per 02. std. Weight Weight 1 1 1 1 1 GOLD 1 1 Issues 1 1 Value at £3 175.10.1(1 per oz. std Weight SILVER (Contained in gold deposits) __—_’—— Weight 1£ Value at 15. per oz. fine 1 1 1 TOTAL VALUE f
1950 Melbourne rateper ounce fine report page 41
at 1d. per ounce fine Premium on sale of Silver Bullion Charge for manufacture of Silver Coinage Charge for manufacture of Blonze Coinage Charge for remelting used coin .. Fees Proceeds of sale of Sweep (Gold Deposits and Gold Coin Account)
1950 Melbourne rateper ounce fine report page 41
Value of Silver in deposits at 1d. per ounce fine Premium on sale of Silver Bullion Charge for manufacture of Silver Coinage Charge for manufacture of Blonze Coinage Charge for remelting used coin .. Fees Proceeds of sale of Sweep (Gold Depo
1950 Perth supply_for_coinageounces fine report page 43
During 1950 silver equivalent to 184,867-56 ounces fine was issued of which 180,560- 12 ounces were disposed of to the Royal Mint, London and 4,307-44 ounces to the Public. The total amount realised from the sale of silver was £55,653 19s. 9
1950 Perth rateper ounce fine report page 46
at 1.1. per 02. fine Value at £3 173. 101d. per oz. std. Weight ozs. £ 5. d. 37215 1,449 1 2 Bullion in store on 00 lst January, 1950 U) Deposits :— Rough Gold Bullion received from Sweep from tare-melting Fractional differ- ences ... . . .
1951 Melbourne premium_paid report page 43
Premium on Silver purchased Shipping expenses Paid over to State Treasury Amount due—Premium on Silver Account on 3lst Decem- ber, 1950 Balance due to State Treasury on 31st December, 1951 to 'OWI‘FOO [\lh _‘ l v— V—{v—t ‘52 "101000 O\O\ v—
1951 Melbourne rateper ounce fine report page 43
at 1d. per ounce fine Premium on sale of Silver Bullion Proceeds of silver exported .1 Charge for manufacture of Silver Coinage ,, ,, Bronze Coinage Charge for remelting used coin . Fees Proceeds of sale of Sweep (Gold Deposits & Gold Co
1951 Melbourne rateper ounce fine report page 43
Value of Silver in deposits at 1d. per ounce fine Premium on sale of Silver Bullion Proceeds of silver exported .1 Charge for manufacture of Silver Coinage ,, ,, Bronze Coinage Charge for remelting used coin . Fees Proceeds of sale of Sweep
1951 Perth rateper ounce fine report page 49
ls. per oz. ' £3 17:. 101d. Weight 13. per oz. per oz. std. fine per oz. std. fine ozs. f. s. d. 023. £ 3. 4. £ . £ 3. d. 025. £ 3. d. Bullion in store on 06 1st January, 1951 33764 1,314 13 9 21,658-01 1,082 18 2,397 Gold Coins: ‘ M For cir
1952 Melbourne premium_paid report page 43
Premium on Silver purchased... . . 7,756 Shipping expenses . 1,012 Paid over to State Treasury . . . 193,326 Amount due—Premium on Silver Account, etc., December, 1951 . 30,119 Balance due to State Treasury on 3lst December, 1952 153 on 31s
1952 Melbourne rateper ounce fine report page 43
at 1d. per ounce fine 584 Premium on Silver purchased... . . 7,756 Shipping expenses . 1,012 Paid over to State Treasury . . . 193,326 Amount due—Premium on Silver Account, etc., December, 1951 . 30,119 Balance due to State Treasury on 3lst
1952 Melbourne rateper ounce fine report page 43
Value of Silver in deposits at 1d per ounce fine Premium on sale of Silver Bullion . Proceeds of Silver exported. Charge for manufacture of Silver coinage Bronze Coinage Charge for remelting used coin Fees . . Proceeds of sale of Sweep (Gold
1952 Melbourne rateper ounce fine report page 43
Value of Silver in transitu at 1d. per ounce fine 584 Premium on Silver purchased... . . 7,756 Shipping expenses . 1,012 Paid over to State Treasury . . . 193,326 Amount due—Premium on Silver Account, etc., December, 1951 . 30,119 Balance du
1952 Perth supply_for_coinageounces fine report page 45
During 1952, silver equivalent to 181,505-76 ounces fine was issued of which 178,337-36 ounces were disposed of to the Royal Mint, London, 80 and 3,168-40 ounces to the public. The total amount realised from the sale of srlver was £74,727 Os
1953 Melbourne rateper ounce fine report page 48
Value of Silver in transitu at 1d. per ounce tine Loss in Silver (Gold Deposits Account) Shipping expenses Value of Silver allowed to Depositors Paid over to State Treasury Amount due—Premium on Silver Account, etc, on December, 1952 . . .
1953 Perth supply_for_coinageounces fine report page 50
During 1953 silver equivalent to 213,932-05 ounces fine was issued of which 210,906-67 ounces were disposed of to the Royal Mint, London, and 3,025-38 ounces to the public. The total amount reallsed from the sale of s1lver was £83,872 145. 0
1953 Perth rateper ounce fine report page 53
ls. per 02. fine TOTAL VALUE Bullion in store on 1st January, 1953 Deposits: Rough Gold Bullion received from Sweep from pre-melting . . Fractional differ ences . . . . Gain in operating. . d. 025. :6 s. Cl. 15 s. (.1. 3,454,670 12 8 239,59
1954 Melbourne rateper ounce fine report page 40
at 1d. per ounce fine . . Shipping expenses . . . . . . . . . . Paid over to State Treasury . . Amount due—~Premium on Silver Account, etc, on 3lst December, 1953. Balance due to State Treasury on 31st December, 1954 £ 12 42,473 454 1 948 1
1954 Melbourne rateper ounce fine report page 40
Value of Silver in deposits at 1d. per ounce fine Premium on sale of Silver Bullion . . . . . . Proceeds of Silver exported . . . . . Charge for manufacture of Silver Coinage . . . . Fees .. 2,853 Proceeds of sale of Sweep (Gold Deposits and
1954 Melbourne rateper ounce fine report page 40
Value of Silver in transit at 1d. per ounce fine . . Shipping expenses . . . . . . . . . . Paid over to State Treasury . . Amount due—~Premium on Silver Account, etc, on 3lst December, 1953. Balance due to State Treasury on 31st December, 19
1954 Perth supply_for_coinageounces fine report page 42
During 1954 silver equivalent to 221,025-34 ounces fine was issued of which ‘ for 801d by the commonwealth Bank 1n Austraha W35 111creased from 218,113'23 ounces were disposed of to the Royal Mint, London, and 2,912'11 £15 95- 10d- 110 £15 1
1954 Perth rateper ounce fine report page 45
15. per 02. l Weight 1 1 per oz. standard 1 fine per oz. standard fine l Bullion in store on ‘ Gold Coins : lst January, 1954‘ 1,39811 2 59,816-70' 2,99016 8 4,389 7101 for circulation ‘ Pyx Pieces 1. 1 ——- 1 _ 1 __ ___ 35918 f. s. d.3 025.
1955 Melbourne rateper ounce fine report page 43
at 1d. per ounce fine Shipping expenses . . Paid over to State Treasury . . . . . . Amount due—Premium on Silver Account, etc., on Slst December, 1954 . . . . . . . . . . Balance due to State Treasury on 3lst December, 1955 £ 5. d. 16 13 4 4
1955 Melbourne rateper ounce fine report page 43
Value of Silver in deposits at 1d. per ounce fine Premium on sale of Silver Bullion Proceeds of Silver exported . . . Charge for manufacture of Silver Coinage Charge for manufacture of Bronze Coinage Charge for preparation of Specimen Coins
1955 Melbourne rateper ounce fine report page 43
Value of silver in transit at 1d. per ounce fine Shipping expenses . . Paid over to State Treasury . . . . . . Amount due—Premium on Silver Account, etc., on Slst December, 1954 . . . . . . . . . . Balance due to State Treasury on 3lst Decem
1955 Perth supply_for_coinageounces fine report page 45
During 1955 silver equivalent to 230,107'77 ounces fine was issued of W111.Ch 226,913'68 ounces were disposed of to the Royal Mint, London and 3,194'09 ounces to the Public. The total amount realised from the sale of silver was £90,659 35. 8
1956 Melbourne rateper ounce fine report page 38
at 1d. per 02. Total Value £ 5. (1. 9,449 18 9 02. fine 34,984-37 oz. std. 2,426 -95 Bullion in store, [st 8 January, 1956 Deposits: Rough Gold . . Bullion received from Sweep from pre-meltmg 162,699-52 633,511 5 l 58,231-58 12-04 46 17 2868
1956 Melbourne rateper ounce fine report page 38
Value of Silver in deposits at 1d. per ounce fine Premium on sale of Silver Bullion Proceeds of Silver exported . . . . Charge for manufacture of Silver Coinage Charge for manufacture of Bronze Coinage ICharge for preparation of Specimen Coi
1956 Melbourne rateper ounce fine report page 38
Value of Silver in transitu at 1d. per ounce fine Shipping expenses . . . . Paid over to State Treasury . . . . . . . . Amount due—Silver Account—on 31st December, 195 Balance due to State Treasury on 3lst December, 1956 61 £ 5. 220 18,940 1
1956 Perth supply_for_coinageounces fine report page 40
During 1956 silver equivalent to 200,792- 36 ounces fine was issued 0f Whig 198,502-96 ounces were disposed of to the Royal Mint, London 2111425289 as ounces to the Public. The total amount realised from the sale of SllVerW £85,562 145. 11d.
1956 Perth rateper ounce fine report page 43
at ls. per 02. fine Gold (contained in gold Silver deposits) Total Value Issues E Weight Value at £3 17s. 105d. per 02. standard Weight Value at 15. per oz. fine 025. £ 5. d. Bullion in store on lst January, 1956 .. 1,781“ 8 457 - 55 Deposits
1957 Melbourne purchase report page 35
198. 11d. For the first time since 1947 it became necessary to purchase fine silver for coinage, the supply of coin of the old alloy available being far short of the amount required for the year’s minting. During the year replicas of some of
1957 Melbourne supply_for_coinageounces fine report page 35
In addition, 43,706- 11 ounces of fine silver were sold to the Commonwealth of Australia for coinage purposes. Two gold six silver and twenty—seven bronze medals were issued. 9 ' ' h Bank was 267584371 The remium on gold paid by the Commonwe
1957 Melbourne rateper ounce fine report page 38
at 1d. per 02. per 02. Total Issues Value Value at 1d. per 02. oz. fine £ 5. d. :15 s. d. T 690,320—1 3 7 Value at £3 17s. 101d. per oz. Receipts w , ht Weight Weight Weight 61g oz.std. £ 5. d. 177,2—89-42 690,320 13 7 £ 5. (1. £ 5. (1. 14,2
1957 Melbourne rateper ounce fine report page 38
Value of Silver in deposits at 1d. per ounce fine Premium on sale of Silver Bullion Proceeds of Silver exported . . Charge for manufacture of Silver Coinage Charge for preparation of Specimen Coins . . . Fees Proceeds '6r sale of Sweep (Gold
1957 Perth supply_for_coinageounces fine report page 40
During 1957 silver equivalent to 182,542- 35 ounces fine was issued 0171“ 44,746-60 ounces were disposed of to the Royal Mint, London, 135,1 lit ounces to the Royal Mint, Melbourne and 2677-20 ounces t0 the PUb' The total amount realised fro
1957 Perth rateper ounce fine report page 43
at 15. per 02. fine 1 1 Value at 1 £3 175.10.1(1. 1 per 02. standard 1 £ Weight d.1 1,637 13 31 5. £ 1 1,827 19 3,465 12 1 292 9,369 13 01 ,582,767 16 , 1 _ 1 1 1 1 1 ‘ - 1 1 _/___ 2,. ‘_4_,/_41 3577716 02201462311007 (1 3, 1 . 1 1 a 1 1 184
1958 Melbourne supply_for_coinageounces fine report page 40
In addition, 36,421 -93 ounces of fine silver were sold to the Commonwealth of Australia for coinage purposes. Two gold, six silver and twenty—one bronze medals were issued. The premium on gold paid by the Commonwealth Bank was 267-84377 per
1958 Melbourne rateper ounce fine report page 43
at 1d. per ounce fine Premium on sale of Silver Bullion Charge for manufacture of Silver Coinage Charge for manufacture of Bronze Coinage. . Charge for preparation of Specimen Coins . . Fees Proceeds of sale of Sweep (Gold Deposits and Gold
1958 Perth supply_for_coinageounces fine report page 45
During 1958 silver equivalent to 192,309'60 ounces fine was issued to the Royal Mint, Melbourne, and 2,212-42 ounces to the Public. The total amount realised from the sale of silver was £77,213 85. lld. The total revenue received during 1958
1959 Melbourne supply_for_coinageounces fine report page 40
In addition, 58,381-60 ounces of fine silver were sold to the Commonwealth of Australia for coinage purposes. Ten silver and twenty-two bronze medals were issued. The premium on gold paid by the Commonwealth Bank was 267-84377 per cent. This
1959 Perth supply_for_coinageounces fine report page 45
During 1959 silver equivalent to 178,776-15 ounces fine was sold to the o g “3 “f E m _ ; m g 1‘ Commonwealth of Australia for coinage purposes, and 2,553-87 ounces to the fl 3 52g ‘” m : 00 IO ; V, 5 Public. The total amount realised from th
1959 Perth rateper ounce fine report page 48
15. per oz. fine Weight 1 1 1 1,59017 91 2,80615 9 31,817751 1 1 91 Gold Bullion 11 2 186369-621 9,318 9 713,680,466 11 15 21616 11 — 1 4 1,416 1 711 (\l 21— 71— —1 413,684,906 9 4 218,187-37 10,909 7 I Loss in operations Gold Issues Silver
1960 Melbourne supply_for_coinageounces fine report page 42
In addition, 65,641-71 ounces of fine silver were sold to the Commonwealth of Australia for coinage purposes. One Gold, 18 Silver and 29 Bronze Medals were issued. The premium on gold paid by the Commonwealth Bank was 267-84377 per cent. Thi
1960 Melbourne rateper ounce fine report page 46
at 1d. per ounce fine vi «a Premium on sale of Silver Bullion 33,916 Charge for manufacture of Silver Coinage 206,194 Charge for manufacture of Bronze Coinage . .. Charge for manufacture of Specimen Coins Fm .. Proceeds of sale of Sweep (Gol
1960 Perth supply_for_coinageounces fine report page 48
During 1960 silver equivalent to 184,373-94 ounces fine was sold to the C01.Ir monwealth of Australia for coinage purposes, and 2,629-68 ounces to the P0131“ The total amount realised from the sale of silver was £77,851 Os. 1d. The total rev
1961 Melbourne supply_for_coinageounces fine report page 40
In addition, 97,584'35 ounces of fine silver were sold to the Commonwealth of Australia for coinage purposes. Twenty Bronze medals were issued. The premium on gold paid by the Commonwealth Bank was 267-84377 PCT cent. This remained unchanged
1961 Melbourne rateper ounce fine report page 43
Value of Silver in deposits at 1d. per ounce Amount due—Silver Account—on 3lst December, 1960 7 11 Premium on sale of Silver Bullion .. 47,088 E Balance due to State Treasury on 3lst December, 1961 271 5 Charge for Manufacture of Silver Coi
1961 Perth supply_for_coinageounces fine report page 45
During 1961 silver equivalent to 168,66427 ounces fine was sold t0“1e Commonwealth of Australia for coinage purposes and 2,161-51 ounces It the Public. The total amount realised from the sale of silver W“ £71,304 6s. 8d. The total revenue re
1962 Melbourne supply_for_coinageounces fine report page 41
In addition, 66,911‘79 ounces of fine silver were sold to the Commonwealth of Australia for coinage purposes. Two gold, eleven silver, and twenty-five bronze medals were issued. The premium on gold paid by the Reserve Bank of Australia was 26
1962 Melbourne rateper ounce fine report page 44
at 1d. per ounce fine 369 19 8 18 8 Premiu ' ' Balance due to State T m on sale of Silver Bullion reasury on 3lst December 1962 554 17 7 Charge for manufacture of Silver Coinage 2313,1324: 1 11 Charge for manufacture of Specimen coins 2 044
1962 Melbourne rateper ounce fine report page 44
Value of Silver in deposits at 1d. per ounce fine 369 19 8 18 8 Premiu ' ' Balance due to State T m on sale of Silver Bullion reasury on 3lst December 1962 554 17 7 Charge for manufacture of Silver Coinage 2313,1324: 1 11 Charge for manufact
1962 Perth supply_for_coinageounces fine report page 46
During 1962 silver equivalent to 224,790-68 ounces fine was 50 to Commonwealth of Australia for coinage purposes and 2,207'07 Puncess the Public. The total amount realised from the sale of Silver we £106,560 165. 9d. 65,064 159- 1d The total
1963 Melbourne supply_for_coinageounces fine report page 44
In addition, 77,427' 14 ounces of fine silver were sold to the Commonwealth of Australia for coinage purposes. Two gold, three silver and 19 bronze medals were issued. The premium on gold paid by the Reserve Bank of Australia was 267-84377 p
1963 Perth supply_for_coinageounces fine report page 48
During 1963 silver equivalent to 188,189-82 ounces fine was sold to the 0mImOHWealth of Australia for coinage purposes and 2,310-01 ounces to the “bllc- The total amount realised from the sale of silver was £117,406 43. 8d. ‘The total revenu
1963 Perth rateper ounce fine report page 51
at ls. ‘ per oz. fine Weight Bullion in store on lst January, 1963. Deposits: Rough Gold Bullionreceivedfrom Sweep from pre— melting . . Fractional differ- ences Gain in operations . TOTALS . 025. £ 5. d. 025. 329 - 301 1,282 47,480'06 2,374
1964 Melbourne supply_for_coinageounces fine report page 48
In addition, 83,118'32 ounces of fine silver were sold to the Commonwealth of Australia for coinage purposes. One gold, 5 silver and 18 bronze medals were issued. The premium on gold paid by the Reserve Bank of Australia was 267-84377 per ce
1964 Melbourne rateper ounce fine report page 52
at 1d. per ounce fine . . Premium on sale of Silver Bullion . Charge for manufacture of Silver Coinage Charge for manufacture of Bronze Coinage . . . Charge for manufacture of Specimen Coins . . . Fees . . Proceeds of sale of Sweep (G Accoun
1964 Melbourne rateper ounce fine report page 52
Value of Silver in deposits at 1d. per ounce fine . . Premium on sale of Silver Bullion . Charge for manufacture of Silver Coinage Charge for manufacture of Bronze Coinage . . . Charge for manufacture of Specimen Coins . . . Fees . . Proceed
1964 Perth supply_for_coinageounces fine report page 54
During 1964 silver equivalent to 222,649-42 ounces fine was sold to the Commonwealth of Australia for coinage purposes. To thIs should be added a weight of 14,702-88 ounces fine which was in transitu and omItted from the Report for 1963. The
1964 Perth rateper ounce fine report page 57
55. per oz. fine Issues Silver (contained in gold deposits) Total Value Weight Value at per oz. fine Bullion in store on Ist January, 1964. Deposits: Rough Gold Bullion received from Sweep from pre- melting . . Fractional differ- ences . Gai
1965 Perth supply_for_coinageounces fine report page 51
During 1965, silver equivalent to 274,417-91 ounces fine was sold to the Commonwealth of Australia for coinage purposes. Sales to the public for 1965 amounted to 2,886-87 ounces fine and the total amount realised from the sale of silver was £
1965 Perth rateper ounce fine report page 54
at 55. per oz. fine Gold Silver (contained in gold deposits) Issues Weight Value at £3 17s. 101d. per oz. standard Weight 1 Value at 53. per 02. fine Total Value Bullion in store on lst January, 1965 . . Deposns Rough Gold. . Bullion received
1966 Perth supply_for_coinageounces fine report page 54
During 1966, silver equivalent to 208,539.96 ounces fine was sold to the Commonwealth of Australia for coinage purposes. Sales to the public for 1966 ameunted to 3,085-94 ounces fine and the total amount realised from the sale 0fs11ver was $2
1966 Perth rateper ounce fine report page 57
50c. per ‘ 02. fine Silver 1 (contained in gold deposits) 1 1 1 1 . 1 1 1 1 1 Gold 1 Total I ssues Value Value at 37-7875 per 02. standard Value at Weight Bullion in store on 15!. January, 1966 343-82 2,677-50 Deposits Rough Gold 757,451-58

All 1093 mined records, as JSONL.