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The obverse of the coins carried a representation of St.George slaying the dragon based on Benedetto Pistrucci's gold sovereign coinage design.
After the foundation stone was laid in 1896 by Sir John Forrest, the Mint opened on 20 June 1899 as a branch of the Royal Mint in London to refine gold and manufacture gold sovereigns and half sovereigns to be used as currency in the colony.
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During the 19th Century, three branches of the Royal Mint of London were established in the Australian colonies to refine gold from the gold rushes and to mint gold sovereigns and half-sovereigns for the British Empire.