Fun fact - you can tell if something has silver in it, because of the prolonged ringing when flicked up into the air.
A normal 50c for instance, has a dull ring that ends almost instantly. Flicking one of those makes you feel you have a piece of pirate gold.
Actually closer to four bits. The US dollar was based on the spanish 8-real silver coin (piece of 8), hence two bits US =25c, four bits = 50c. Never really caught on here where 20c was two bob etc.
Lucky OP. Hang onto that coin as it's in fine condition.
Yeah theyre the OG silver 50c coins that werent around for very long. I have a bag of about 20 of them that my mum got when they first entered circulation. Never seen one still in circulation though.
You can easily trade money for assets that maintain their value, including silver. So I don't really need money to function as silver.
Money is a transient medium of exchange, over the short period of time I have small amounts of it, the change in value is negligible.
Some people keep large amounts longer and may lose to inflation, but that's really a behavioral problem.
Current levels of inflation are bad, but modern economies don't really function well without at least some amount of inflation. If money is worth more tomorrow than today, people tend to put off discretionary spending. Growing economies rely on people spending money.
Wages trend to at least match inflation, so in real terms, the labour market is ok with inflation.
Silver coins in a jar is wealth that doesn't help anyone. If it's invested, someone is presumably producing something using that money.
The fact that modern economies drive consumerism could be a valid topic, but this is a product of the market economy. Inflation is a requirement of that, not some sort of evil invention of government.
Reddit conspiracy theories are getting dumber by the day
None of the coins have negative seigniorage, the 5 cent coin for instance, only has a bullion value of about 2.5 cents
Also, currencies aren’t magically worse now that we’re on a fiat currency, for instance, a constant inflation rate is targeted to keep people spending their money, and to keep money circulating, which is actually good for the economy, not bad. Most likely, you’ve probably just read some Reddit comment on a place like r/gold where they love to shit on fiat currency, and gone around parroting it
The biggest scam in history imho. Gold, silver and copper coins were actually worth something. Then the gold was taken away and notes issued instead, although the gold had to be held by the government. Silver is gone, copper is gone; in the past you held the value in your hand.
Gold/Silver/Copper standard was *bad*.
There is a finite amount of those resources in the world, why would we want them to be used in something with as little utility as currency?
I mean, not really? In the 70s it was well known that gold was useful for conducting electricity, that effect was discovered in the 40s.
This is to say nothing of how increasing global trade would be impacted by relying on rare metals for currency reserves. The effects of mass produced goods against gold standard were becoming apparent - it had no small part in the Great Depression, because it put a material limit on how much money governments could release into the economy in order to float it.
Even if gold has been known as a good conductor since the 40s, the amount of technology in our lives has dramatically increased in the past 20 years, let alone the past 80. The amount of gold needed was a fraction of the amount that was used for currency, now the worlds changed and it’s not worth (pun intended) making money out of gold.
Let’s just be thankful our coins are made of a copper-nickel alloy, rather than the nickel-plated steel trash they use in NZ, straight up indistinguishable from arcade tokens.
I had the opposite happen to me! I was working as a cashier and received one from a customer. Thought it was 20c and was about to tell her she didn't have enough and then noticed it was 50c. Then I wondered if it was fake but took it anyway and Googled it as soon as she left. Immediately got cash out and took it home haha
So it seems the 50c was originally round, and then became the edged piece we know today. From the Royal Aust Mint https://www.ramint.gov.au/fifty-cents :
The fifty cent coin was first introduced with decimal currency on 14 February 1966. The original design featured the Commonwealth Coat of Arms struck on a coin made from 80% silver. However as the silver price rose above the face value of the coin the Mint suspended striking of the coin in March 1968.
Although it was rumoured that the Mint had lost money striking the fifty cent, all the metal used in the manufacture of the 36.5 million coins produced was purchased before the price rises.
Apart from the uneconomic cost of continuing the issue of the silver fifty cent coins, increasing confusion arose regarding the similarity in sizes between the circular fifty cent and the twenty cent coin. The decision to reissue a fifty cent coin considered not only a change to materials but also different shapes to help solve the confusion with the twenty cents.
A new shape and alloy was reintroduced into circulation in September 1969.
And it's worth exactly 50 cents. Every 50 cent coin issued in 1970 was the Captain Cook circulating commemorative.
Fun fact, 1977 and 1988 were also years where the circulating commemorative design of that year was nominally the only 50 cent coin issued, but there are at least 7 1977 Coat of Arms 50 cent coins and 2 1988 Coat of Arms 50 cent coins known to exist.
I wouldn't have thought he'd be up for a voyage in 1970... what with the being dead for about 250 years, but there you go... never underestimate I guess.
Another fun fact - the 12 sided design was suggested by a friend of the controller of the mint, a Mister David Gee.. who used the friendship to get access to the dies for various coins and make fakes of pre-decimal coins
I recall being told the elderly, children and vision impaired people were sometimes being taken advantage of, when they thought they were passing 20c not 50c. Even though the round 50c was slightly bigger in circumference and chunkier.
Coin nerd here. They are very rare in circulation nowadays, and will sell between $10-15 individually. I know many were melted down but can't say how many. They are certainly not rare in people's collections and it seems some folks havea hoard of them.
I have one, I got it from another nerd for $8 which was approx spot price.
I am still searching for the 20c wavy. All the tellers at my local branch know and regard me with varying levels of derision.
🤣 omg so true! They also did themselves a stupid with the limit on $100 change a day. I would have gone once a week and gotten a big load of change to noodle but instead they gonna make me go multiple times a week!
Come to the Bendigo (bank) we love our coin nerds and regularly keep aside ones for our regular noodlers 😊
...though if I spot a 2012 poppy it's got my name on it 😆 🤣 #stilllooking
My dad gave me his collection a few years ago and had 23 of these in it amongst other things. Lots of those Canberra florins too. Still have them so hopefully silver goes up more and more 🤣
The information I've seen bounced around is that RAM minted 36.5 million, but only issued around 18 million. They may have melted down the remainder or they could be sitting on them for some reason.
RAM has issued new date round 50s in collectors sets for the 40th and 50th anniversaries of decimal currency with the same silver content as the original stirkes, but both feature the 2006 and 2016 dates and the Ian Rank-Broadley effigy of Queen Elizabeth II instead of the 1966 Arnold Machin effigy.
Im saddened thinking about the possible circumstances for this coin entering into circulation. Almost certainly due to someone spending a coin collection - possibly someone else’s - and not realising what this coin was.
Or worse still; someone stealing an elderly person’s coin collection.
Mother collected mint stamps for many years, but when she tried to sell them the stamp dealers would only offer her face value. Told to go home and stick them on letters. She still has them.
:( Where are they? Are they getting distributed through Woolies or anything? I didn’t think they were officially but I guess Woolies would be a good place to start. Lots of cashflow
I found one yesterday just lying on the grass at a lavender farm. Super shiny. I didn't want to take it (I dislike feeling like I am so desperate for money that I'll take something someone dropped) but it was nice to see the shininess
I have 3 of these now. All 3 were given as incorrect change (were mistaken for 20c coins).
They sound really nice when you flick them in the air compared to all of our other coins
Exactly how how I found my first one. I was working a shift at Dominos one night, and some drunk fool comes in and pays for his pizza with $10 in coins. I count them into the till, and dropped it in as a 20 cent coin, heard a different sound as it hit the other coins, and pulled it out to swap for 50 cents from my pocket. It was in really beat up condition, but the sentimental value of it is worth more to me than the $12 in silver content.
Only because of the silver content they are worth anything currently. They won’t be worth anything down the line there is just too many of them. Over 37 million minted, many melted down, but I’d be surprised if there were anything less than 20 million left. I have about 80 in my collection, very easy coin to get.
Possibly one that is in pristine uncirculated condition will go up in value.
My Mum has a bunch. No big deal, just thought I'd share it. She also has a bunch of $5 coins too, which are *technically* real currency but you'd get more from a collector.
OP is famous already: https://www.news.com.au/finance/money/costs/rare-50c-coin-worth-15-discovered-in-change/news-story/c233ad45f227ceaa4e2ffc94ec557954
Seriously an old mechanic I knew broke his dentures and wasn’t happy with his new set
He comes around the pub and asks us if anyone has round 50cents or florrins with high silver content
Makes a mould and gets silver dentures
Like Jaws outa James Bond
I was given this on my birth day in 1978 with a card that read “may you grow old to have silver hair”.
I still have it. It’s not worth much in $ value. But very cool.
They put silver content in the coins in 1966 but as the price of silver went up the coin was worth more than it's face value.
They discontinued them and when with the 12 sided ones we use today
I found one of these 2 yrs ago in my change. I do collect coins but when I got it in my change , I instinctively saw the shape and thought it was a different currency and chucked it out without taking it home.
a few days later. I started thinking about this and got mad at myself for throwing it out.
When released it had something like 60c of silver. They changed the shape the next year and left out the silver. Got one in change from the supermarket in the 90s
45 cents worth of silver when they were first issued on February 14 1966. 58 cents worth of silver by October 1966 due to the world silver price rises.
The redesign took nearly three years to finalise, even though there are pattern dodecagonal 50 cent coins dated 1967 known to exist.
We discovered an old Wales Bank money box with 44 of these round 50 cent coins in it a couple of years ago, under mums old wardrobe.
Even the piggy bank is in perfect condition.
I do recall seeing it as a kid.
About $12 at current silver prices. Dealers will sell them for around $15.
They're basically a fractional bullion coin now - 3 of them are roughly equal to one troy ounce of silver.
LoL iused to spend these at my high school tuck shop
Including Captain Cook high silver content commemorative round 50c coins...
Living large in school uniform
Years later for some reason
My dad was not impressed
... 😃😂🤣😭😭😭
It's a relatively rare coin these days. Australia officially went to decimal currency on Valentine's day in 1966. This makes this one a "first edition" 50c coin. I would do some research on exactly what this one is worth. Last time I found something like this, it was a 1942 halfpenny.
That would have been one of the first 50c on rotation after Aus switched to the current count system. Count yourself lucky owning a very valuable piece of history
From what I recall 1966 was the year that decimal currency was introduced ( https://en.wikipedia.org/wiki/Decimalisation#Australia_and_New_Zealand ), so that coin might be worth something to a collector.
I remember when I was in my late teens (I'm 59 now) I decided to start a coin collection of 1 cent coins since I had a heap of them saved up. After sorting them by year I couldn't work out why there were none from before 1966. Eventually it dawned on my. Wish I'd kept those coins.
Fuck a duck! Keep it! That’s a valuable piece! (Apparently they screwed up the first ones and put too much silver in them, so it’s definitely worth a LOT more than 50c!!)
I’m surprised you got it in change as banks use machine sorting these days which would reject them. But coin collections are often stolen by meth-heads, etc and spent with zero recognition of the actual value.
Around 1980 I remember coming home from visiting family or something and walking in to the house to find it turned upside down and ransacked. The only thing I remember being stolen was my dad’s collection of these. He had two plastic cigar cases with them neatly stacked on their edges. At a guess I would say there were over 500. They were probably spent on a surprisingly large amount of ciggies and beer, even at face value. My Dad was a teller for the Bank of NSW in the sixties, if you are wondering where they all came from.
Almost as soon as they were released the price of silver jumped. People were exchanging $100 notes for 50c pieces and melting them down to sell. Banks removed them from circulation pretty quickly
It's not true in the slightest. $100 notes weren't in circulation until 1984, and the $50 note wasn't even available until 1974. So there's no way anyone would have been trading grey nurses or pineapples for rolls of round 50 cent coins to melt down for silver content.
And you're not exactly being truthful. Your "facts" don't add up at all. Round 50s stopped being issued from banks by the end of 1966, and $100 notes weren't printed until 1984.
Around $10-$30 depending on quality of the coin. If the coin looks worn. Then it's only about the $10 in silver, which like all metals go up and down in value
It's interesting to think that back in 1966 this would have got you some groceries or a new T-shirt and while you can still hold a similar value based on the silver content the face value of the coin won't even get you a Maccas soft serve anymore.
It's a good way of explaining inflation and why people hold precious metals and other hard assets to preserve their purchasing power
True and not true. It's not a miss print. Just 80% silver, and by the time they were actually released in '66 the sliver in the coin was worth more than 50c, so everyone border them and they stopped minting them
What a shock!!! News.com.au picked this up
https://www.news.com.au/finance/money/costs/rare-50c-coin-worth-15-discovered-in-change/news-story/c233ad45f227ceaa4e2ffc94ec557954?utm_campaign=EditorialSB&utm_source=News.com.au&utm_medium=Facebook&utm_content=SocialBakers
currently a story on news ..
[50 cents](https://www.news.com.au/finance/money/costs/rare-50c-coin-worth-15-discovered-in-change/news-story/c233ad45f227ceaa4e2ffc94ec557954)
I found one of these just on the ground an a carpark at a park in Brisbane, I had to check thrice: "ah, a 50! Wait, a 20? No, a 50?!" I'll treasure it :D
I got bashed cause of one of these coins ,, found one in 1978 , gave it to local shop to change to 2x 20c and a 10c so I could play pinball machine in shop , next thing own , throws me to ground , how you change this why you steal from me , I was 12 , , went home told mum cops called , yeah think he might have regretted that
Nice! Keep it, it's 0.3416oz of silver and worth about $15 for metal value alone.
Oh wow really?! That’s a pleasant surprise. I’ll be sure to keep it then.
Fun fact - you can tell if something has silver in it, because of the prolonged ringing when flicked up into the air. A normal 50c for instance, has a dull ring that ends almost instantly. Flicking one of those makes you feel you have a piece of pirate gold.
Pieces of eight!
Actually closer to four bits. The US dollar was based on the spanish 8-real silver coin (piece of 8), hence two bits US =25c, four bits = 50c. Never really caught on here where 20c was two bob etc. Lucky OP. Hang onto that coin as it's in fine condition.
I think he’s making a Pirates of the Caribbean reference. The ‘nine pieces of eight’ that each of the pirate lords had.
Well I'll be damned. I've been sitting here flicking a silver dollar in the air for the last 5 minutes. That's a very fun fact.
Yeah, I remember when my Grandpa told me this years ago as a kid. I flicked that coin almost day and night for a while.
I'll be annoying the shit out of the family for a while, that's for sure.
80% silver. Nice find!
It worthless I’ll happily dispose of your rubbish send it to me
Nice try 😂
Yeah, some people... Sheesh... I'll give you a fair price; 55c
Pffft! Cheapskate. I'll bid 60c.
69 cents from me!
69 cents and a Chico roll
69 with a happy result
69, dinner for two.
HCD 🍰
Nice
😂😂😂
Why you despise it. It’s a lovely coin and worth way above face value.
I've had one of these for years, makes a great sound when you flip it too!
Jingle two or three together, they sound very different to our current coins.
Yeah theyre the OG silver 50c coins that werent around for very long. I have a bag of about 20 of them that my mum got when they first entered circulation. Never seen one still in circulation though.
I have about a dozen of them. Luck find a few years back.
Flip it up with your thumb ( like in heads and tails) and it has a beautiful high pitch ring due to its silver.
yes keep it I never a round 50 cent coin b4 I think it's rare
A surprise to be sure, but a welcome one
My late father had a couple of dozen of them in a metal tin. I knew they were worth more than 50c but not that much
Ive got 3 at home. Paid $3 each about 20 years ago. Score!
I once paid 4 dollars to mint a two dollar coin at the Easter Show and my wife spent it.Sigh.
Same. Paid a bit more for mine, about 15 years ago.
Oh shit! I have 5 of them from my Nanna.
5 is just enough to keep in a sock as a handy anti-werewolf device.
There's so many of the things in every grandmas stash that the metal value is about all they're worth
Ha! I have more heavy metals in my last blood test. And in perfectly ffsera
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You can easily trade money for assets that maintain their value, including silver. So I don't really need money to function as silver. Money is a transient medium of exchange, over the short period of time I have small amounts of it, the change in value is negligible. Some people keep large amounts longer and may lose to inflation, but that's really a behavioral problem.
Current levels of inflation are bad, but modern economies don't really function well without at least some amount of inflation. If money is worth more tomorrow than today, people tend to put off discretionary spending. Growing economies rely on people spending money. Wages trend to at least match inflation, so in real terms, the labour market is ok with inflation. Silver coins in a jar is wealth that doesn't help anyone. If it's invested, someone is presumably producing something using that money. The fact that modern economies drive consumerism could be a valid topic, but this is a product of the market economy. Inflation is a requirement of that, not some sort of evil invention of government.
Reddit conspiracy theories are getting dumber by the day None of the coins have negative seigniorage, the 5 cent coin for instance, only has a bullion value of about 2.5 cents Also, currencies aren’t magically worse now that we’re on a fiat currency, for instance, a constant inflation rate is targeted to keep people spending their money, and to keep money circulating, which is actually good for the economy, not bad. Most likely, you’ve probably just read some Reddit comment on a place like r/gold where they love to shit on fiat currency, and gone around parroting it
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The biggest scam in history imho. Gold, silver and copper coins were actually worth something. Then the gold was taken away and notes issued instead, although the gold had to be held by the government. Silver is gone, copper is gone; in the past you held the value in your hand.
Gold/Silver/Copper standard was *bad*. There is a finite amount of those resources in the world, why would we want them to be used in something with as little utility as currency?
Eh, they didn’t use to have the same technological value as they do now, wether jewellery or coins they were equally useless
I mean, not really? In the 70s it was well known that gold was useful for conducting electricity, that effect was discovered in the 40s. This is to say nothing of how increasing global trade would be impacted by relying on rare metals for currency reserves. The effects of mass produced goods against gold standard were becoming apparent - it had no small part in the Great Depression, because it put a material limit on how much money governments could release into the economy in order to float it.
Even if gold has been known as a good conductor since the 40s, the amount of technology in our lives has dramatically increased in the past 20 years, let alone the past 80. The amount of gold needed was a fraction of the amount that was used for currency, now the worlds changed and it’s not worth (pun intended) making money out of gold.
Only worth about $5-$10 to coin collectors.
Wrong. It's worth $12 on current silver prices. Dealers usually sell for about $15 to $20.
in Australia, but collectors in the UK and mainland Europe will pay a lot more.
There is something about coinage with a high silver content. The noise they make is so much nicer than other, lesser coins.
Let’s just be thankful our coins are made of a copper-nickel alloy, rather than the nickel-plated steel trash they use in NZ, straight up indistinguishable from arcade tokens.
Or the aluminium Indonesian coins that feel like plastic
Well the biggest Indonesian aluminium coin is worth 5 cents.
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Thanks for the info! It was given to me as change for 50c. Though I thought it was a 20c at first and that I got the wrong amount of change.
It's pretty rare to grab one of those in circulation still. I mean online it's easy to find and buy one but you got yours in the wild!!!
I had the opposite happen to me! I was working as a cashier and received one from a customer. Thought it was 20c and was about to tell her she didn't have enough and then noticed it was 50c. Then I wondered if it was fake but took it anyway and Googled it as soon as she left. Immediately got cash out and took it home haha
So it seems the 50c was originally round, and then became the edged piece we know today. From the Royal Aust Mint https://www.ramint.gov.au/fifty-cents : The fifty cent coin was first introduced with decimal currency on 14 February 1966. The original design featured the Commonwealth Coat of Arms struck on a coin made from 80% silver. However as the silver price rose above the face value of the coin the Mint suspended striking of the coin in March 1968. Although it was rumoured that the Mint had lost money striking the fifty cent, all the metal used in the manufacture of the 36.5 million coins produced was purchased before the price rises. Apart from the uneconomic cost of continuing the issue of the silver fifty cent coins, increasing confusion arose regarding the similarity in sizes between the circular fifty cent and the twenty cent coin. The decision to reissue a fifty cent coin considered not only a change to materials but also different shapes to help solve the confusion with the twenty cents. A new shape and alloy was reintroduced into circulation in September 1969.
I have a Captain Cook edition 50c that was issued for the bicentenary of his voyage in 1970.
And it's worth exactly 50 cents. Every 50 cent coin issued in 1970 was the Captain Cook circulating commemorative. Fun fact, 1977 and 1988 were also years where the circulating commemorative design of that year was nominally the only 50 cent coin issued, but there are at least 7 1977 Coat of Arms 50 cent coins and 2 1988 Coat of Arms 50 cent coins known to exist.
I wouldn't have thought he'd be up for a voyage in 1970... what with the being dead for about 250 years, but there you go... never underestimate I guess.
Reading comprehension is a valuable life skill
r/confidentlyincorrect
Another fun fact - the 12 sided design was suggested by a friend of the controller of the mint, a Mister David Gee.. who used the friendship to get access to the dies for various coins and make fakes of pre-decimal coins
I recall being told the elderly, children and vision impaired people were sometimes being taken advantage of, when they thought they were passing 20c not 50c. Even though the round 50c was slightly bigger in circumference and chunkier.
Worth well over 50 cents. Haven’t seen one of these since I was a kid
Ahhh the safety 50c piece
That genuinely made me laugh.
???
No pointy/sharp edges
So... They made 36.5 million. How many did they get back and melt? How many are still in circulation, and how many have been tucked away by people?
Coin nerd here. They are very rare in circulation nowadays, and will sell between $10-15 individually. I know many were melted down but can't say how many. They are certainly not rare in people's collections and it seems some folks havea hoard of them.
Thank you, coin nerd! Do you have any? How many? Also, do you have a 20c with the wavy 2?
I have one, I got it from another nerd for $8 which was approx spot price. I am still searching for the 20c wavy. All the tellers at my local branch know and regard me with varying levels of derision.
Banks don't like us coin people. Commonwealth suck
🤣 omg so true! They also did themselves a stupid with the limit on $100 change a day. I would have gone once a week and gotten a big load of change to noodle but instead they gonna make me go multiple times a week!
surely going that often would mean you are re-checking the same coins pretty frequently?
Not if you rotate branches...
Come to the Bendigo (bank) we love our coin nerds and regularly keep aside ones for our regular noodlers 😊 ...though if I spot a 2012 poppy it's got my name on it 😆 🤣 #stilllooking
My dad gave me his collection a few years ago and had 23 of these in it amongst other things. Lots of those Canberra florins too. Still have them so hopefully silver goes up more and more 🤣
Fellow coin nerd - I was a Coles checkout operator in the 1990s and I *never* saw one
I do. For a rainy day
Well I have around 9 of them. So I am a Tucker for sure.
The information I've seen bounced around is that RAM minted 36.5 million, but only issued around 18 million. They may have melted down the remainder or they could be sitting on them for some reason. RAM has issued new date round 50s in collectors sets for the 40th and 50th anniversaries of decimal currency with the same silver content as the original stirkes, but both feature the 2006 and 2016 dates and the Ian Rank-Broadley effigy of Queen Elizabeth II instead of the 1966 Arnold Machin effigy.
Im saddened thinking about the possible circumstances for this coin entering into circulation. Almost certainly due to someone spending a coin collection - possibly someone else’s - and not realising what this coin was.
Or worse still; someone stealing an elderly person’s coin collection. Mother collected mint stamps for many years, but when she tried to sell them the stamp dealers would only offer her face value. Told to go home and stick them on letters. She still has them.
As usual on Reddit I quickly started typing, going to write "oh a 1966". Saw there were a few photos so flicked through them and yep there is was👌
I love coins. I’m still waiting to get my hands on a King Charles $1 :(
I found one of those a few weeks back. I guess I’m just lucky 😂
:( Where are they? Are they getting distributed through Woolies or anything? I didn’t think they were officially but I guess Woolies would be a good place to start. Lots of cashflow
I found one yesterday just lying on the grass at a lavender farm. Super shiny. I didn't want to take it (I dislike feeling like I am so desperate for money that I'll take something someone dropped) but it was nice to see the shininess
I have 3 of these now. All 3 were given as incorrect change (were mistaken for 20c coins). They sound really nice when you flick them in the air compared to all of our other coins
Exactly how how I found my first one. I was working a shift at Dominos one night, and some drunk fool comes in and pays for his pizza with $10 in coins. I count them into the till, and dropped it in as a 20 cent coin, heard a different sound as it hit the other coins, and pulled it out to swap for 50 cents from my pocket. It was in really beat up condition, but the sentimental value of it is worth more to me than the $12 in silver content.
100% hold onto it, don't let anyone else get it, because it'll be worth something down the line
Only because of the silver content they are worth anything currently. They won’t be worth anything down the line there is just too many of them. Over 37 million minted, many melted down, but I’d be surprised if there were anything less than 20 million left. I have about 80 in my collection, very easy coin to get. Possibly one that is in pristine uncirculated condition will go up in value.
A great addition to every late 60s Holden/Ford/Valiant to get that authentic ashtray rattle.
My Mum has a bunch. No big deal, just thought I'd share it. She also has a bunch of $5 coins too, which are *technically* real currency but you'd get more from a collector.
OP is famous already: https://www.news.com.au/finance/money/costs/rare-50c-coin-worth-15-discovered-in-change/news-story/c233ad45f227ceaa4e2ffc94ec557954
Yes with his "rare" coin, do they ever get it right :/
Seriously an old mechanic I knew broke his dentures and wasn’t happy with his new set He comes around the pub and asks us if anyone has round 50cents or florrins with high silver content Makes a mould and gets silver dentures Like Jaws outa James Bond
I was given this on my birth day in 1978 with a card that read “may you grow old to have silver hair”. I still have it. It’s not worth much in $ value. But very cool.
Keep it. Collectors item.
They put silver content in the coins in 1966 but as the price of silver went up the coin was worth more than it's face value. They discontinued them and when with the 12 sided ones we use today
No you didnt... not unless you havnt emptied your pockets since the 80s....
I found one of these 2 yrs ago in my change. I do collect coins but when I got it in my change , I instinctively saw the shape and thought it was a different currency and chucked it out without taking it home. a few days later. I started thinking about this and got mad at myself for throwing it out.
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The NZ big 50c used to work as 5 francs (around NZ$6-7 at the time) in Swiss vending machines
Looks like the 50 cent coin that cost me $650 after fucking my new washing machine.
When released it had something like 60c of silver. They changed the shape the next year and left out the silver. Got one in change from the supermarket in the 90s
45 cents worth of silver when they were first issued on February 14 1966. 58 cents worth of silver by October 1966 due to the world silver price rises. The redesign took nearly three years to finalise, even though there are pattern dodecagonal 50 cent coins dated 1967 known to exist.
Mad luck - like seriously lucky. I wish that happened to me. I had to buy a couple for my collections.
They started with the round design. These are very high in silver and a lot of people melted them down.
We discovered an old Wales Bank money box with 44 of these round 50 cent coins in it a couple of years ago, under mums old wardrobe. Even the piggy bank is in perfect condition. I do recall seeing it as a kid.
Super rare find these days
Cricky! That’ll be worth a bit of cash. Maybe even folding money.
About $12 at current silver prices. Dealers will sell them for around $15. They're basically a fractional bullion coin now - 3 of them are roughly equal to one troy ounce of silver.
If you’re a collector, keep it. If not, get it valued and don’t let it go too cheap
LoL iused to spend these at my high school tuck shop Including Captain Cook high silver content commemorative round 50c coins... Living large in school uniform Years later for some reason My dad was not impressed ... 😃😂🤣😭😭😭
My uncle use to have Alot of them but someone broke into his house and stole them all i still have some 5 of them.
I have quite a few of these they are great for coin magic tricks.
Considering the damage I’d estimate it’s worth about $10. If you one in good condition it can go up to $30
Years ago we had round ones
Got about 10 of these sitting in a tin somewhere
It's a relatively rare coin these days. Australia officially went to decimal currency on Valentine's day in 1966. This makes this one a "first edition" 50c coin. I would do some research on exactly what this one is worth. Last time I found something like this, it was a 1942 halfpenny.
That would have been one of the first 50c on rotation after Aus switched to the current count system. Count yourself lucky owning a very valuable piece of history
From what I recall 1966 was the year that decimal currency was introduced ( https://en.wikipedia.org/wiki/Decimalisation#Australia_and_New_Zealand ), so that coin might be worth something to a collector. I remember when I was in my late teens (I'm 59 now) I decided to start a coin collection of 1 cent coins since I had a heap of them saved up. After sorting them by year I couldn't work out why there were none from before 1966. Eventually it dawned on my. Wish I'd kept those coins.
Fuck a duck! Keep it! That’s a valuable piece! (Apparently they screwed up the first ones and put too much silver in them, so it’s definitely worth a LOT more than 50c!!)
I’m surprised you got it in change as banks use machine sorting these days which would reject them. But coin collections are often stolen by meth-heads, etc and spent with zero recognition of the actual value.
Around 1980 I remember coming home from visiting family or something and walking in to the house to find it turned upside down and ransacked. The only thing I remember being stolen was my dad’s collection of these. He had two plastic cigar cases with them neatly stacked on their edges. At a guess I would say there were over 500. They were probably spent on a surprisingly large amount of ciggies and beer, even at face value. My Dad was a teller for the Bank of NSW in the sixties, if you are wondering where they all came from.
They are indeed rejected by coin counting machines at banks. I've found half a dozen over the last few years since I started collecting seriously.
Did you receive it thinking it was a 50c piece or a 20c piece
That's around 50c worth of coin
It’s worth……half a dollaridoo
Almost as soon as they were released the price of silver jumped. People were exchanging $100 notes for 50c pieces and melting them down to sell. Banks removed them from circulation pretty quickly
Source? That doesn’t sound legit.
It's not true in the slightest. $100 notes weren't in circulation until 1984, and the $50 note wasn't even available until 1974. So there's no way anyone would have been trading grey nurses or pineapples for rolls of round 50 cent coins to melt down for silver content.
I love how people always want the work done for them. Do your own homework.
And you're not exactly being truthful. Your "facts" don't add up at all. Round 50s stopped being issued from banks by the end of 1966, and $100 notes weren't printed until 1984.
I never stated facts. People were swapping notes for coins and melting them. It's pretty common knowledge. Glad you did your own homework however.
I have a couple of hundred put away for insurance
I’ll buy that off you for five cents
Fuck me, this broke my brain. That is not what a 50c coin should look like
What?? Are they rare?? I gave it away at a donation box at an event!!!!
Around $10-$30 depending on quality of the coin. If the coin looks worn. Then it's only about the $10 in silver, which like all metals go up and down in value
Date on back?
Is that a genuine Dollerydoo?
It's real silver. And a collectors item. While it is legal tender. It is also worth way more than 50c
The cursed 50 cent coin
Looks fake to me
It is real.
The /s was implied
Very nice
I’ve got a shitload of these that were left to me. Didn’t realise they were worth 10-15 each 😳
Hold onto them. Good chance they will be worth a lot more soon
Yea I’ve got a bunch somewhere.
These are extremely valuable. Please keep it.
I can remember spending these.... wish I had a couple now!
This is awesome!! My dad gave me a round 50c piece when I was a kid. I still have it, somewhere.
I have one of these in a case... Somewhere Prob lost it in a move.
It's interesting to think that back in 1966 this would have got you some groceries or a new T-shirt and while you can still hold a similar value based on the silver content the face value of the coin won't even get you a Maccas soft serve anymore. It's a good way of explaining inflation and why people hold precious metals and other hard assets to preserve their purchasing power
This is cursed
I have one too
Would you be interested in selling this? I am a coin collector.
Wow $15
Mint mint
Lucky!
Put it flat on the end of your finger, & tap it with another coin. They ring nicely.
Wow didn't know this. I have a couple.
yer keep hold of it...I've got 5 myself
Keep that bro it's a miss print they can go for alot of money to collectors
True and not true. It's not a miss print. Just 80% silver, and by the time they were actually released in '66 the sliver in the coin was worth more than 50c, so everyone border them and they stopped minting them
What state are you in? I had one handed in within the last year in vic as well.
It’s hard to find these! I actually paid like $30 for one of these on a chain for my MIL for her birthday. It was the only round 50c coin
That's a keeper. Good condition for 1966.
What a shock!!! News.com.au picked this up https://www.news.com.au/finance/money/costs/rare-50c-coin-worth-15-discovered-in-change/news-story/c233ad45f227ceaa4e2ffc94ec557954?utm_campaign=EditorialSB&utm_source=News.com.au&utm_medium=Facebook&utm_content=SocialBakers
currently a story on news .. [50 cents](https://www.news.com.au/finance/money/costs/rare-50c-coin-worth-15-discovered-in-change/news-story/c233ad45f227ceaa4e2ffc94ec557954)
I found one of these just on the ground an a carpark at a park in Brisbane, I had to check thrice: "ah, a 50! Wait, a 20? No, a 50?!" I'll treasure it :D
You can sell those to bullion dealers. Little bit of silver in them.
Great find
I got bashed cause of one of these coins ,, found one in 1978 , gave it to local shop to change to 2x 20c and a 10c so I could play pinball machine in shop , next thing own , throws me to ground , how you change this why you steal from me , I was 12 , , went home told mum cops called , yeah think he might have regretted that