The 5c coin is one that holds little interest to most collectors, but there is one year that collectors look to find in choice uncirculated condition and noodlers still look for in change. Expect to pay $20-$50 for a well circulated example or up to $100 for an EF coin. The Incuse 50c is extremely well known in decimal collecting circles and can still be found by noodling 50c coins, in fact one the authors of this article has received one in change! It is generally assumed that just 100,000-200,000 of the Incuse 50c coins were made and it’s because of the low mintage and the reputation of the variety that we’ve included in the top 10 Australian decimal coins. Close examination of the stars of the Southern Cross on the Australian flag also show some differences, with the fields of the stars on the normal variety being quite rough while the “incuse 50c” has smooth star fields. On the normal variety these crosses are in relief.
The Cross of St George (formed by the horizontal and vertical lines) and the Cross of St Andrews (formed by the diagonal lines) of the Union Jack are incuse on the much scarcer variety. This coin depicts a large Australian flag and it was a few years after release that it was noted that the Union Jack on some of the 50c coins was slightly different to most others. In the year 2000 the Royal Australian Mint released a commemorative 50c coin into circulation to celebrate the new millennium. $20-$30 will buy you a circulated example off of eBay. Because this variety is popular among collectors and large upsets (such as a 6 o’clock upset) are easy for non collectors to see and understand we think this is an important coin to have in a decimal collection. When rolls of these upset coins were released they mainly went to Melbourne where they were found in large numbers by noodlers who tried (and in some cases succeeded) in building a clock face of errors with a coin matching each hour on a 12 hour clock. Collectors specify the degree of upset by using a clock face analogy, so a 90 degree upset is a 3 o’clock upset while a 270 degree upset is a 9 o’clock example. As the die run progressed the obverse die rotated continually producing coin upsets of varying amounts. They came about when one die run (perhaps 100,000-200,000 coins) of the circulation 2001 Federation Dollar had a loose obverse die. One of two upset coin errors in our list the 2001 Centenary of Federation Upset $1 coin is a popular, and to be honest, easy to purchase decimal variety. It’s a coin every decimal collector should own at least once and a coin you can still find in change if you’re lucky. It’s the most expensive coin in the list with a decently centered Fine to about Very Fine coin costing somewhere between $400 and $500. And thus the 2000 $1/10c mule is on our list of top 10 affordable Australian decimal coins. We can all watch the market for these coins and salivate over the prices some of them achieve and wish we had one in our own collections. These range from Fine examples that have just been discovered right up to the gleaming uncirculated examples that were pulled from rolls in Perth in 2003 or from the Burswood Casino. Then there’s eBay, the most active of coin markets where there’s always a number of 2000 $1/10c mules up for sale.
What’s more, some of the individuals who helped to identify the “mule” and went on to find many of the higher grade examples that are on the market today are still collecting and active on internet coin forums. They were discovered reasonably recently and they are still fresh in the mind of many collectors. If you’re like us, the 2000 $1/10c Mule (or just the “mule”) will be one of the first truly desirable decimal varieties you will learn about. There’s no errors or NCLT (non-circulating legal tender) on this list. Best of all, all of these could still be found in found in change!.Īs always with these sorts of lists it’s open to debate as to what coins belong on the list, Our list is our opinion and comprises only circulation coins and varieties of circulation coins. Some of them are available from various sources pretty much all of the time, others you’ll have to take your time finding. There’s no coin in the list that’s worth more than $500 and most of them are under $100. When we say affordable, we mean coins that the everyday collector can afford to purchase on a reasonable budget in the space of a few years. We thought it might be fun to think about the top 10 affordable coins that every decimal collector should have in their collections.
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