The Royal Australian Mint was founded in Australian capital of Canberra in 1965 to mint the new decimal coinage for the Dominion of Australia. The Mint is the first mint in Australia to not be a branch of the British Royal Mint. With a capacity to mint over two million coins a day, the Royal Australian Mint has produced circulating coinage for many Asian and Pacific nations since 1969. Nations whose circulating coinage has been minted at the RAM is New Zealand, Fiji, Thailand, Israel, Nepal, Papua New Guinea and Bangladesh.
While the Perth Mint just produces bullion coins, the Royal Australian Mint is the only source of Australian circulating coinage. The world's first coin mint to achieve ISO 9002 international quality standards certification, the RAM not only produces circulating, proof and bullion coins for several nations, it also mints everything from official and athletic medallions to commemorative coins to subway tokens.
The Royal Australian Mint is known for several gold and silver coin series depicting Australian history and wildlife.