Australia 1966 Round 50c Silver Coin

• Brand / Mint – Australian Royal Mint

• Metal Content – 0.3416 oz

• Fineness (% purity) – 80% (0.3416)

• Capsulated (Y or N) – N

• Mintage – Limited

• Dimensions – Diameter 31.51mm, Thickness 2mm

The iconic 1966 round fifty cent piece, consisting of 80% silver. Minted from silver reclaimed by the Reserve Bank as Australia’s predecimal silver coinage was withdrawn from circulation. Each coin contains 0.3416 troy ounces of silver, as well as ~2.7 grams of copper. Often sold by the kilo elsewhere (75-76 coins), we offer these coins individually. Picture is for illustration purposes only – stock used to fill orders can include items of varying condition ranging from tarnished, cleaned or uncirculated. As a high silver content circulated bullion coin, this is one of the very few coins that can be cleaned without issue – these come up a sparkly treat when subject to popular cleaning methods.

The price of Silver, like many other commodities, tends to be driven by a combination of supply and demand metrics as well as speculation. Whilst the price of Silver is well known for being more volatile than Gold due to its smaller market size, lower market liquidity as well as ever-changing supply and demand from the industrial sector and its properties as a store of value over long periods of time.

Silver is well regarded as a safe-haven asset for investors during times of economic upheaval, uncertainty and financial stress. The market conditions applicable to Silver, are much like that for Gold, and tend to be driven by monetary policy, the value of the US dollar, geopolitical concerns, physical demand as well as the available supply from mining production.

GBA offers a large range of silver products from known brands. Listing sizes from 1 oz coins to 5 kg cast bars.