Bag Of 50 Australian 1966 Round 50c Aussie Junk Silver
| We Last Sold This Item For: | $875.00 |
|---|---|
| Last Sold On: | 3/2/2025 |
| # Sold In Past 12 Months: | 123 |
Bag Of 50 Australian 1966 Round 50 Cent Aussie Junk Silver
Each coin has the following specifications:
Obverse: Elizabeth II to right, legend around
Reverse: National coat of arms, denomination below
Diameter: 31.50mm | Weight: 13.28g | Purity: 80.00% | ASW: 0.3415 ozt
Mintage: 36,500,000
The total pure silver weight of one of these bags of 50c = 531.20g / 17.07ozt
This is an honest batch of 50 Australian silver 50c coins.
Several popular investment newsletter writers recommend that investors buy silver bars and junk silver coins as a hedge against economic & monetary uncertainty.
Buying kilo bars of silver in Australia is easy enough, you just need to get in touch with the Perth Mint or the bullion dealer in your local Yellow Pages to get as many as you want.
But many Australians have no idea what junk silver coins are, whether we have them in Australia and where can buy them.
Junk silver coins is a term used in North America to refer to bulk quantities of silver coins that were actually used as legal tender in the US prior to 1965, and are now traded in bulk for their silver value.
The part of the name refers to the fact that these coins don't have any numismatic or collector value.
US dimes; quarters; dollars and half dollars struck before 1965 have a 90% pure silver content many investors prefer buying silver this way because it's in a form that they know and trust.
We've obviously never used dimes or quarters here in Australia so what did we have?
There are 3 basic types of silver coins here in Australia. This listing is for a bag of round silver 50 from 1966.
Rounds. This term refers to the round Australian 50c piece struck (only) during 1966.
Australian round 50 coins are generally sold in small plastic bank change bags containing 50 coins per bag.
Each coin weighs 13.28g, which means that each bag contains 531.20g in pure silver.
They should not be confused with the round 50 coins from New Zealand, which feature a ship on the reverse, and definitely don't have any silver in them at all.
Just which type of coins you buy will depend entirely on your own personal preferences just which you buy is entirely up to you keep in mind that the best portfolio / holding of junk silver coins contains a wide range of coins, and not just one type.
Some folks prefer the round 50 coins because they are all uniform in size and are pretty simple to calculate.
SKU: 17518
Browse our catalog of below:
Related Articles
Others Also Bought
More From This Category
I've taken my coins to Andrew a few times. Him and his staff are very nice people. Andrew is honest and down to earth. 👍
I have purchased several bulk lots of world coins from Sterling & Currency over the last few years. Read more...
I live on East Coast but prefer dealing with Andrew on the West due to his integrity, knowledge and prices, Read more...
Just purchased a 1966 blue case decimal mint set. Andrew gave me a ring to ensure it had arrived and provided Read more...
.jpg)
The team at Sterling & Currency is a family affair – small but growing. Andrew Crellin is the main dealer in the business, click here to read this credentials and how he started with the Perth Mint; spent a decade in Sydney working with two leading dealers and relocated back to Perth in 2006.
Jo is our budding Numismatist, Chief Event officer, Photographer and Packing Extraordinaire. Natalie is our media creator and photographer. Nicole manages the accounts and is part of the Packing Team. A myriad of important duties are carried out by the team that include photography, website updates, office admin, and chocolate eating.
Ruby the Ridgeback quite frankly has learned nothing about coins, however contributes by barking at anyone wearing hi-viz.
We're Always Buying!
We need to buy tens of thousands of dollars worth of coins and notes each and every week of the year.
If you'd like to turn all or part of your collection into cash, get in touch with our expert staff and we'll be happy to start working on a deal with you.
Australian Gold Coins
We have extensive experience in handling all Australian gold soveriegns and halves, from the Adelaide Pounds of 1852 right through to the last coins of George V of 1931. All of the Australian gold coins in our online shop are described in detail with high resolution images.
Coins
At Sterling & Currency, we specialize in handling Australian coins dating from our nation's settlement in 1788 through to the introduction of decimal currency in 1966. We have an extensive range in our online store of Australian gold, copper and silver coins.
Decimal Coins
The Australian proof and UNC coins struck by the Perth Mint and the Royal Australian Mint are the most accessible coins available to collectors today. If you're not able to find a particular coin that you're keen to add to your collection, let us know and we'll be contact you when it becomes available.