Australian Dollar Coins 2012 International Year of Co-operatives

February 16, 2012

2012 International Year of Cooperatives

2012 has been declared International Year of Co-operatives by the United Nations General Assembly. This theme raises awareness of the important role co-operatives play in social and economic development worldwide contributing to employment, strengthening livelihood and improving the nation's economy. A co-operative is an enterprise which is owned by it's suppliers, customers and members. A business controlled by the people who work there, the people who use the services or the producers themselves owning the product and are involved in it's evolution right through the supply chain. It has a real community sense of involvement.

The Royal Australian Mint has produced a commemorative uncirculated one dollar in this theme, the reverse featuring building blocks and people working together to hold up those blocks which is the official logo for this year. It has been sculpted to suit a coin by Aaron Baggio. This one dollar is a collector $1 dubbed NCLT or non-circulating legal tender. It has the standard dollar specifications at 25mm, 9 grams and made from aluminium bronze. The obverse features the standard effigy of QEII by Ian Rank-Broadley. Issued in a collector card for $13.50, the mintage can be found in the 2012 One Dollar Issues and Mintages Table.

This coin has also been released in an Australia Post PNC for International Year or Co-operatives.

Posted by harrisk at February 16, 2012 8:34 AM
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