Coins
of the Hutt
River Province
 The
Hutt River Province is without doubt the most prolific coin-issuing
secessionist state in history, having released well over two hundred
unique coin types over a period of nearly thirty years. The history of
these issues encompasses four periods:
1. Early
Circulating Coinage 1976-78:
Worldwide media interest
in the Principality in the early 1970s led to the development of a
thriving tourism industry, and as visitor numbers to the fledgling state
located in a remote corner of Australia's rural west coast increased, the benefits of
establishing an independent currency
system became apparent. A set of low denomination banknotes was
therefore introduced in 1974, and this was followed by the issue of the
first series of six Hutt River coins in 1976.
As the new coins were
intended for actual use within Hutt River's borders both uncirculated
and proof varieties of the four lowest denominations were produced. The
latter were sold via mail order - along with high-value silver and gold
pieces - to coin collectors, whilst the former could be exchanged for
Australian Dollars (at a 1:1 conversion rate) by visitors to the
Province, and used to purchase items from the range of philatelic material and
souvenirs on offer. Many tourists elected to keep their
change as a souvenir of their visit rather than exchange it for Australian currency again on
their departure - and thus provided a small but useful additional source
of revenue for Prince Leonard's coffers.
The issue of the Province's
coins and banknotes went unacknowledged by the Australian
government - although it appears that they did achieve some level of
legitimacy in the eyes of others; advertisements from the mid 1970s note
that Hutt River currency was exchangeable at that time for other foreign
currencies at the Hong Kong offices of Deak & Company. It is not
known for how long this arrangement remained in place.
2. Early
Precious Metal Coins 1979-84:
An active tourism
industry notwithstanding, the need for circulating
currency appears to have declined towards the end of the 1970s, as the mintage figures for the 1977 series were half those of
1976 - and the numbers for 1978 were halved again. This reality was reflected in a
change of issuing policy in 1979; from that year the Province ceased to
mint low-value circulating coinage, but instead turned its attentions exclusively
to the release of high-value, commemorative, non-circulating coinage for
the numismatic collector and investor markets - a greatly more profitable
business - particularly as 1980 witnessed a tenfold increase in the price
of silver bullion on world commodity markets.
For the next few years
the Hutt River Treasury maintained a conservative minting policy,
releasing a single, low-mintage precious metal coin annually. During this time the
contract for the production of the Province's coins was transferred from
the Lombardo Mint in Canada to the California-based New Queensland Mint.
3. The New
Queensland Mint Issues 1985-95:
Detailed information
concerning the precise nature of this shadowy corporation, and of the
Province's relationship to it continues to elude this researcher, however it
is probable that the association was facilitated, if not instigated by Kevin
Gale (aka Prince Kevin) - the charismatic personality whose long, complicated and
ultimately acrimonious involvement with the Hutt River Province is
explored in more detail
elsewhere on this website.
The period began with a
steady stream of new commemorative releases, but this very quickly became a
flood as the various firms subcontracted by the Mint to market
its coins throughout the United States aggressively ramped their sales
activities. Commemorative themes became almost entirely US-flavoured,
mintages surged into the tens of thousands, and a dizzying array of coin
denomination and composition variations emerged with each new issue, as
the Mint sought to corner every possible market - from bullion
speculators at one end of the spectrum, to "joe average"
buyers who had probably never bought a collectable coin before, at the
other.
The frenzy of coin
releases from the New Queensland Mint reached its high watermark in the early
1990s with the release of a 46-coin set commemorating the 50th
anniversary of World War II, and a set of similar size celebrating
Operation Desert Storm. The latter series alone, with all of its
variations, added over one hundred new unique coin types to an Hutt River
catalogue already groaning at the seams.
Such was scale of the
business that it eventually came to the attention of the United States
Postal Service - and they, for reasons that remain unclear, determined to shut it down. The
New Queensland Mint's marketing activies,
whilst ubiquitous and no doubt often intrusive, were probably no worse than those of other mass market collectables promoters - but in any event, in
1995 a court case was brought by the USPS against Continental Coin
Company, who were at that time marketing the Desert Storm series.
In its representation to
the court the USPS contended that the Hutt River Province was not a
legitimate coin-issuing authority, that its coins were not legal tender, and that Continental's advertising claims to the contrary therefore constituted a fraudulent use of the US postal
system. These contentions were not particularly strongly founded, and
certain of the evidence used to support them was of questionable
validity -
however the defense was even more poorly conducted, and in the end the
judge's ruling favoured the USPS; Continental was forced to stop
referring to any Hutt River issues it might market from that time
onwards, as coins.
4. 1995-the
Present Day:
The court ruling dealt a
serious blow to the perceived legitimacy of Hutt River coins, and coinciding with the sudden unexpected death of Kevin
Gale, resulted in a complete and immediate cessation of the Principality's numismatic
ventures.
The four year coin drought that ensued was broken with the
release in 2000 of a limited-mintage $100 gold piece commemorating the thirtieth
anniversary of the Province's secession (manufactured by an Australian
mint) - but no further issues have been made since then, and
it is uncertain if a regular minting programme is ever likely to be
reinstituted under the current Administration of the Hutt River
Province.
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