Collectors Race for New Queen Elizabeth 50-Cent Coin

Demands for the coins are skyrocketing, with the coins being sold ten times more than retail prices on online platforms.
Collectors Race for New Queen Elizabeth 50-Cent Coin
The Queen Elizabeth II 50c coins in both fine silver proof and uncirculated finishes are released by the Royal Australian Mint in Canberra, Australia, on Nov. 23. Royal Australian Mint/Facebook
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A new 50-cent coin commemorating the life of Queen Elizabeth II is in hot demand, with the sale of the coin soaring to seven to ten times the original price.

The coin, which went on sale from 8:30 a.m. on Nov. 23, is available in fine silver proof and uncirculated finishes. The uncirculated 50-cent coin retails at $15 (US$10) and has a limited mintage of 25,000, while the silver proof version is sold at $135 and has a limited mintage of 7,500.

Nina Nguyen
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Nina Nguyen is a reporter based in Sydney. She covers Australian news with a focus on social, cultural, and identity issues. She is fluent in Vietnamese. Contact her at [email protected].
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