Coin specialists are elevating understanding regarding an ordinary-looking coin that might be hiding in Aussies’ extra modification. The coins can be worth approximately 80 times their stated value for one basic factor.
Victorian coin enthusiast Michael McCauley informed Aussies to “keep an eye out” for 50 cent coins that were generated in 1985. Only a fairly handful of the coins were produced, making them an unusual discover.
“They only made one million of these coins in 1985 and it has a recent selling price of $15 to $40 each,” McCauley discussed on TikTok.
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The coins included a brand-new effigy of the late Queen Elizabeth II, developed by Raphael Maklouf, which was the 2nd picture of the Queen to be included on Aussie 50 cent coins.
Coin professional Joel Kandiah, that passes The History of Money online, claimed the coin was Australia’s “joint rarest 50 cent coin” because of its reduced mintage of one million.
“This makes up a very small percentage of 50 cent coins minted overall,” Kandiah claimed.
The South Australian professional claimed the coins were “extremely hard to find” consequently and place their worth in between $10 to $30.
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Another uncommon 50 cent coin
The 1993 50 cent coin is an additional coin to watch out for as it shares the title for the joint rarest 50 cent coin with the 1985 year.
“Another really good year is the 1993 50 cent coin with the same mintage figure of only 1 million as well,” McCauley claimed.
The 1993 50 cent coins have actually lately cost in between $3.50 and $15. They include the very same effigy of Queen Elizabeth II on the obverse.
“I tend to find the 1985’s harder to find. I think that’s because they are a bit older and probably more have been taken out of circulation for collection and things like that,” McCauley claimed.
“But also some of them might have been lost along the way or damaged. When coins get damaged they usually get sent back to the Mint for destruction.”
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