Posts Tagged ‘Gold coin’

Australia’s most distinctive decimal coin turns 50!

Whilst we’re busy celebrating the 50th anniversary of the 50p coin here in the UK, celebrations are also taking place half a world away as Australia marks 50 years since the introduction of the 12-sided 50 cent coin this year.

First issued in 1969 as a replacement for the round 50 cent, the new 12-sided design has since become Australia’s most distinctive decimal coin.

Australia's most distinctive decimal coin turns 50!
Australia’s 12 sided 50 cent coin

Australia’s first 50 cent

In 1966, as part of the changeover to decimal currency, Australia introduced the round 50 cent, which was made up of 80% silver and 20% copper. This high silver content soon meant that the coin was actually worth more than its face value and so was withdrawn from circulation and replaced with the new 12-sided cupro-nickel design in 1969.

Although the coin was withdrawn from circulation, many millions are thought to have been hoarded by the Australian public and can now be seen listed on eBay for upwards of 10 times the original face value.

Australia's most distinctive decimal coin turns 50!

Celebrating 50 years since the 12 sided 50 cent

To celebrate the significant anniversary of the introduction of the 12-sided 50 cent, The Royal Australian Mint have released a special commemorative coin set, featuring a Gold-Plated 50 cent coin in celebration of the golden anniversary year.

Australia's most distinctive decimal coin turns 50!
Australian 2019 50 cent coin set

But the special Gold-Plated coin within this set isn’t the only thing which makes it unique…

This set actually showcases the five effigies of Her Majesty the Queen that have featured on Australia’s 50 cent coins since 1969.

Arnold Machin

Australia's most distinctive decimal coin turns 50!
Arnold Machin’s portrait of Her Majesty the Queen – 2019 Australian Gold Plated 50 cent

The Gold-Plated 50 cent coin features the very first effigy of Her Majesty the Queen to be used on a 50 cent coin.

Designed by British artist and sculptor Arnold Machin, and approved in 1964, this effigy was first used on the Australian round 1966 50 cent coin, meaning it preceded the first use of this portrait on UK coins in 1968.

This portrait featured on Australia’s coinage from 1966 to 1984.

Raphael Maklouf

Australia's most distinctive decimal coin turns 50!
Raphael Maklouf’s portrait of Her Majesty the Queen – 2019 Australian 50 cent

Raphael Maklouf’s portrait of Queen Elizabeth II was chosen from 17 artists invited by the British Royal Mint to replace Arnold Machin’s portrait.

Unlike the previous portraits of Her Majesty, Maklouf’s design featured the Queen wearing a necklace and earrings. The designer’s initials ‘RDM’ can be seen at the Queen’s neck.

This portrait featured on Australia’s coinage from 1985 to 1997.

Ian Rank-Broadley

Australia's most distinctive decimal coin turns 50!
Ian Rank-Broadley’s portrait of Her Majesty the Queen – 2019 Australian 50 cent

The next portrait of Queen Elizabeth was introduced following a competition to redesign the obverse of the UK’s 1997 Golden Wedding Crown. Ian Rank-Broadley’s submission was of such a high standard that it led to a redesign of the obverse for all UK circulation coins in 1998.

It was introduced on Australia’s coinage, including the 50 cent coin, the following year.

This portrait featured on Australia’s coinage from 1999 to 2018.

Vladimir Gottwald

Australia's most distinctive decimal coin turns 50!
Vladimir Gottwald’s portrait of Her Majesty the Queen – 2019 Australian 50 cent

Amongst the designs submitted into the competition to redesign the obverse of the UK’s 1997 Golden Wedding Crown was Vladimir Gottwald’s portrait of the Queen.

Gottwald’s design was approved as a one-off use to commemorate the Royal visit in 2000, making him the first Australian designer to have his portrait on the obverse of an Australian coin since the 1910-1936 effigy of King George V.

This portrait featured on the Australian 50 cent for one year only in 2000.

Jody Clark

Australia's most distinctive decimal coin turns 50!
Jody Clark’s portrait of Her Majesty the Queen – 2019 Australian 50 cent

Jody Clark’s portrait of Her Majesty the Queen has featured on UK coins since 2015, but it wasn’t until 2018 that an adapted version of this coin was introduced on Australia’s coinage.

Unlike the UK version, this adaptation features Queen Elizabeth’s shoulders, as well as the Victorian coronation necklace.

You might recognise this most recent portrait from British Isles coinage, in particular the highly popular Isle of Man TT £2 coins.

Limited edition set

Just 20,000 of this prestigious set have been minted, making it significantly collectable and ideal for numismatists.

It’s truly fascinating to take a look at the different coinage from countries across the world and the milestone moments in their numismatic history.

I’m sure you’ll agree that this set is a fantastic way for Australia to celebrate this significant anniversary.


Own the LIMITED EDITION Gold Plated 50 cent

Australia's most distinctive decimal coin turns 50!

You can now secure these coins within a bespoke presentation pack, perfect to display and protect these unique coins, which are sure to be snapped up by collectors.

Click here to secure your set today.

£516,000 Gold Sovereign breaks auction record for a Royal Mint coin

It’s every Change Checker’s dream to find a significant coin which is worth a fortune. And they don’t come any more significant than the Edward VIII Sovereign which has just smashed an auction record and netted £516,000.

Edward VIII Sovereign

Only a single example of the Gold Proof Edward VIII sovereign has ever been available to collectors

The incredibly rare 1937 dated gold ‘proof’ coin is the only single example available to collectors anywhere in the world. It was struck ahead of the King’s Coronation, however following the scandal which predicated Edward’s abdication from the throne in 1936, the coins became redundant and cemented their place in collecting folklore.

His left-facing portrait; the same as his predecessor George V, also represents a unique deviation from a tradition which started in the 17th century under Charles II who wished to be facing the opposite way to Oliver Cromwell.

“In the world of coins, it’s the coin’s story that makes it important and this coin has the most fantastic story” said winning bidder Mr Jordan Lott of Regal Rare Coins in Chester.

After a tense battle in the Baldwin’s auction room and some fierce bidding, the coin eventually reached a winning bid of £430,000 and with fees included this took the total price to £516,000.

It was money which Mr Lott was happy to pay; “I was the first to bid and I was determined to be the last. I would have paid another £50,000 to make sure I got it.”

The price is the highest ever recorded for a sovereign coin struck by the Royal Mint in the UK and possibly the best example of the numismatic significance of British coins in the collecting world.