Numismatic News

Donation Dollar for Giving, Not Spending

The Royal Australian Mint’s Donation Dollar is the world’s first $1 coin designed to be given rather than spent, donated rather than collected. It’s a concept that may seem unusual to collectors. My first impulse upon hearing of the new coin was, of course, where can I buy one? But Australia’s Donation Dollar is designed for a higher purpose than accumulation.

Think of it this way: if every Australian gave one Donation Dollar from their pocket change each month, this initiative has the potential to raise over $300 million dollars a year for those who need it most. The expectation to share the responsibility coupled with the freedom to choose your recipient make the perfect combination, allowing a society to band together in their own way for the common goal of alleviating the hardships ingrained in

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