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Wheat on the money

08 Jan, 2012 04:00 AM
DESPITE ongoing international supply and seasonal condition fluctuations, growers will be pleased to know that wheat will be 'on the money' in 2012 - literally.

One of the nation's memorable pre-decimal coin designs, the wheat sheaf, has been used for the traditional coin strike on New Year's Day at the Royal Australian Mint (RAM) in Canberra.

This has made the $1 coin one of the first struck in the world in 2012.

The RAM has created the commemorative coin to celebrate the 2012 Australian Year of the Farmer and is intended as a lasting memento of the $400 billion contribution the agriculture industries make to the Australian way of life.

The famous wheat sheaf design originally appeared on the Australia threepence from 1938 to 1964.

"This new $1 wheat sheaf coin design continues our celebration in 2012 of Australian wheat and the role it played in the development of modern Australia," Royal Australian Mint chief executive officer Ross MacDiarmid said.

"This long-standing tradition is one of the most anticipated events of the year for Australian coin collectors, who have reported they lined up overnight for the opportunity to be amongst the first to get their hands on this coin."

The Australian Year of the Farmer $1 coin will be on sale from January 2012, with pre-orders available online.

www.ramint.gov.au

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Date: Newest first | Oldest first
I wonder will lthe mint sell it to us for half the cost of production 50cents ,because thats about what a ton of wheat is worth,half the cost of production.More exciting stuff !!!
Posted by Dave Noakes, 9/01/2012 9:57:21 AM, on Queensland Country Life

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