2013 $1 Oil Discovery Silver Proof

1. 2013 $1 Oil Discovery Silver Proof

Featuring a captivating ‘raised’ full-colour reverse design and perfectly expressing the nation’s rugged pioneering spirit in official legal tender, this superbly struck Silver Proof celebrates the 60th anniversary of the discovery of flowing oil in the Australia. When oil was discovered in Western Australia in December of 1953, it sparked a rush of excitement across the country. Enhancing Australia’s national independence, and providing a boost to the economy, this groundbreaking strike also inspired a crucial wave of investment in the search for natural resources. As with gold, diamonds and opals, the discovery of oil changed Australia forever. Limited to a mintage of just 4,000, this stunning full-colour coin forms a fine tribute to a major landmark in our history. A fantastic example of the power and adaptability of modern minting technology, this exclusive 25g sterling Silver Proof is a coin that must be seen to be believed. Standing out prominently from the imposing, crown-sized 40mm flan, the raised, fully embossed full-colour depiction of the oil cascading from the well gives the appearance that the ‘black gold’ is gushing from the actual coin! As with the range of coins celebrating Australia’s abundant natural wealth, such as the Perth Mint’s Treasures of Australia Series, this unique full-colour coin is sure to spark fierce interest across the globe. With the mintage just 4,000, stocks will soon run dry! For a limited time this coin is available to purchase from Downies.com for a limited time...
How a humble beer bottle played a vital role in the discovery of oil in Australia

2. How a humble beer bottle played a vital role in the discovery of oil in Australia...

It is widely recognised that the discovery of flowing oil by West Australian Petroleum (WAPET) in 1963 was a tremendously significant event, one which has rightfully been commemorated in a superb full-colour silver proof coin. It sparked the last 60 years of growth in the resources sector, spurring Australia’s independence and the economic boom that has allowed for much of our fortunate way of life. What you may not know is the vital role the humble beer bottle played during the discovery. Geologists at the Rough Range-1 site were were not actually expecting to find oil. This means that when the drill test proved successful, they were completely unprepared to save oil samples. Well, almost completely unprepared. Given the hot temperature in the Western Australian desert, and the fact that this was, after all, a group of Australian geologists and engineers, there were a few empty beer bottles on hand. The practical-minded gentlemen involved used these handy receptacles to save samples that ultimately proved that they had discover the first flowing mineral oil in...
The Discovery Of Oil…

3. The Discovery Of Oil…

Sparking nationwide euphoria, high-grade crude oil was first discovered in Australia on December the 4th 1953 at the West Australian Petroleum P/L (WAPET) Rough Range-1 site in Western Australia. The importance of the discovery cannot be overstated. Australia had previously relied exclusively on imports, with the nation having no domestic production of either oil or gas before the momentous find in Western Australia. The instant reaction from the media and politicians was of unrestrained joy, with claims made that the discovery could be the most significant development in Australia’s recent history. Indeed, a leading petroleum geologist from the USA stated that it was the most important development in the global oil industry since oil was first discovered in the USA in 1859! Deepening Australia’s sense of national independence, and providing a substantial boost to our economic outlook, there was no doubt that the discovery represented a major breakthrough. The oil find by WAPET not only relieved the major financial burden of importing oil, but would ultimately inspire a wave of investment in the natural resources sector – a sector that now forms the heart of the modern Australian...
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2013 $1 Oil Discovery Silver Proof

2013 $1 Oil Discovery Silver Proof

Featuring a captivating ‘raised’ full-colour reverse design and perfectly expressing the nation’s rugged pioneering spirit in official legal tender, this superbly struck Silver Proof celebrates the 60th anniversary of the discovery of flowing oil in the Australia. When oil was discovered in Western Australia in December of 1953, it sparked a rush of excitement across the country. Enhancing Australia’s national independence, and providing a boost to the economy, this groundbreaking strike also inspired a crucial wave of investment in the search for natural resources. As with gold, diamonds and opals, the discovery of oil changed Australia forever. Limited to a mintage of just 4,000, this stunning full-colour coin forms a fine tribute to a major landmark in our history. A fantastic example of the power and adaptability of modern minting technology, this exclusive 25g sterling Silver Proof is a coin that must be seen to be believed. Standing out prominently from the imposing, crown-sized 40mm flan, the raised, fully embossed full-colour depiction of the oil cascading from the well gives the appearance that the ‘black gold’ is gushing from the actual coin! As with the range of coins celebrating Australia’s abundant natural wealth, such as the Perth Mint’s Treasures of Australia Series, this unique full-colour coin is sure to spark...
How a humble beer bottle played a vital role in the discovery of oil in Australia

How a humble beer bottle played a vital role in the discovery of oil in Australia...

It is widely recognised that the discovery of flowing oil by West Australian Petroleum (WAPET) in 1963 was a tremendously significant event, one which has rightfully been commemorated in a superb full-colour silver proof coin. It sparked the last 60 years of growth in the resources sector, spurring Australia’s independence and the economic boom that has allowed for much of our fortunate way of life. What you may not know is the vital role the humble beer bottle played during the discovery. Geologists at the Rough Range-1 site were were not actually expecting to find oil. This means that when the drill test proved successful, they were completely unprepared to save oil samples. Well, almost completely unprepared. Given the hot temperature in the Western Australian desert, and the fact that this was, after all, a group of Australian geologists and engineers, there were a few empty beer bottles on hand. The practical-minded gentlemen involved used these handy receptacles to save samples that ultimately proved that they had discover the first flowing mineral oil in...
The Discovery Of Oil…

The Discovery Of Oil…

Sparking nationwide euphoria, high-grade crude oil was first discovered in Australia on December the 4th 1953 at the West Australian Petroleum P/L (WAPET) Rough Range-1 site in Western Australia. The importance of the discovery cannot be overstated. Australia had previously relied exclusively on imports, with the nation having no domestic production of either oil or gas before the momentous find in Western Australia. The instant reaction from the media and politicians was of unrestrained joy, with claims made that the discovery could be the most significant development in Australia’s recent history. Indeed, a leading petroleum geologist from the USA stated that it was the most important development in the global oil industry since oil was first discovered in the USA in 1859! Deepening Australia’s sense of national independence, and providing a substantial boost to our economic outlook, there was no doubt that the discovery represented a major breakthrough. The oil find by WAPET not only relieved the major financial burden of importing oil, but would ultimately inspire a wave of investment in the natural resources sector – a sector that now forms the heart of the modern Australian...

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The Discovery Of Oil…