Thursday 10 May 2018

Aussie Silver

Back in 1966 the Royal Australian Mint issued their very first 50c coin. It was round and contained an extremely high (80%) silver content, which far outweighed the face value. This coin was only issued for one year and in 1968 the many-sided non-silver coin, still in use today, was launched.

Many of these round silver coins were either melted due to their intrinsic value or hoarded. As a result this coin rapidly disappeared from circulation, making it a reasonably unique piece. I am sure you can imagine my pleasure at receiving one in the post today!



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