|
The Royal Mint of Hutt River was
established under the control of the Treasury of Hutt River in early 1976.
Prince Richard - Treasurer.
Initially in those hectic years
immediately following the secession it was realised that it's own currency
was required so the Treasury had the task of issuing the first Hutt River
Money in 1974 with the release of a set of paper banknotes in denominations
of 10c, 20c, 50c, $1 and $2 notes, the designs of which I am sure most of
you are more than aware of since the same notes are still in circulation and
issued today by Treasury, though we should make note of the fact that
Treasury are currently looking toward issuing polymer notes in the near
future.
In 1975 Cabinet decided that
there was a need to issue coinage to exist alongside the banknotes and this
led to the formation of the Royal Mint of Hutt River which saw it's
formation as well as it's first coins minted in 1976.
Since those first coins in 1976
the Royal Mint has been responsible for the minting of over 200 coins.
Whilst the coins were originally
minted solely for circulation and use within the Principality, collectors
around the globe very quickly began to seek out coins to add to their
collections so in order that their needs and wants be met, Hutt began to
produce coins not just for circulations but were also careful to produce
Proof versions and various presentations to satisfy those collectors. the
Hutt Mint has been commended on a number of occasions for it's issue of high
quality collector pieces in precious metals such as Gold, silver and
Palladium.
Today very many collectors
around the globe have Hutt coins proudly in their collections and the
collectable/investment value of the currency is easily shown by watching the
sums that both earlier and current issued coins are bringing at auction and
on various on-line auction houses on the internet.
Hutt coinage is much in
demand by collectors.
Information of all new issues is
eagerly sought after by numismatic magazines and scholars around the world
so new issues are well placed within various periodicals and coin catalogues
around the world.
Hutt's latest mintings may be
viewed by following the links below. |