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With the cost of living crippling most family budgets, the answer to your problems could be hiding in your coin jar – a rare 50c coin potentially worth a whopping $15,000.

It’s understood that only two of the Aussie coins are known to be in circulation, but there could be more just waiting to be discovered.

Downies Coins & Collectables recently sold one of the pricey pieces for $14,750, saying it was only the second known example of its type.

Downies said the auction of the piece was a ‘mouth-watering opportunity’.

@downies_collectables ✨️An Unsuspecting Rarity! ✨️The 1988 50c Coat of Arms coin shouldn’t exist but here we have it in Proof quality!#coin #coincollecting #coincollector #coincollection #downiescollectables #silver #rarity #rarities #mistake #mulecoin #errorcoins #fiftycent ♬ original sound – downiescollectables

According to the retailer, the 1988 50c Coat of Arms Proof provided a ‘breathtaking opportunity’ for a coin collector.

According to a TikTok video posted by Downies, a commemorative 50c coin was issued in 1988, to mark the 200th anniversary of European arrival in Australia. That coin was meant to feature the First Fleet, and it was supposed to be the only 50c coin minted in 1988.

“There is very little information on how it happened but somehow a few were struck with the normal coat of arms. A rare phenomenon that results in what is known as a mule coin.”

The exact number of coat of arms coins minted in 1988 isn’t known, it’s one of the rarest Australian mules.

rare 50 cent coin

“A genuine Mule error, created through the accidental union of mismatched obverse and reverse dies, the coin before you is a rarity of the highest order. A fresh find, the 1988 50c Coat of Arms Proof offered here is only the second known example of its type!,” Downies explained.

“An irresistible opportunity for the serious decimal enthusiast to take his or her collection to unparalleled heights, this excessively rare, eminently historic 1988 50c Mule is sure to be gone within days. Secure your 1988 50c Coat of Arms Proof today!”

So quick, start checking your coin stash!

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  • The time I had cash is long gone I’m afraid

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  • I check for these sort of things for a while and then I forget.

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  • Must check my change in future.

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  • Very cool! Will have to check any coins I get

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  • I have one dollar coin 1988!
    Dies that count????

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  • Ummmm, checking my coin tin now!

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  • The one worth $15,000 is a proof coin. A “Found” coin is likely to be circulated, so worth far less.

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  • Well dang. Wouldn’t it be nice! But the commemorative coins are lovely too!

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  • Wouldn’t it be nice! If only I could spot one, but so rare, my chances are slim. (But always keep an eye out for the colour $2 coins)

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  • Wow! I don’t think I’m that lucky!

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  • oops i might have given to my cash machine.

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  • I see these kind of posts on social media all the time. Part of me WANTS to believe the other part of me is skeptical.

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  • We have tonnes of 50c pieces I’ll raid hubby’s stash tomorrow looking for it!

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  • Never kept these coins, only the original round ones.

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  • I just have to remember to look for the coins date etc

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  • I’ve already looked through mine. We won’t be getting rich. They’re all only worth 50c in our house.

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  • Gotta start looking then! Woohoo!!

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  • Finally the habit I’ve had for years of putting all my fifty cents pieces in a jar may pay off.

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  • It looks exactly the same as any 50 cent coin out there to me I absolutely would have no idea.


    • No, me neither. I can’t spot the difference

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  • I always spend my shrappas too quickly to keep track of the special ones haha

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