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Australia 1983 PR70 50 Cent (Image courtesy Numisbid)

Numisbids Past Auctions

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Australia 1983 PR70 50 Cent (Image courtesy Numisbid)

On the evening of 9 October 2014 on the online coin auction site Numisbid an Australian 1983 50 cent set a price record of $3,403.50. You can see the Numisbid images of the coin above. This is for a coin with a McDonald’s catalogue value of $5, from a proof set with a mintage of 80,000. The set itself has a catalogue value of $50 but in the real world 1983 proof sets can be had for less than twenty dollars. So, how, we hear you ask, does a coin sell for nearly 700 times catalogue value?

The answer is that the coin was graded by PCGS as PR70. The highest grade available for a proof coin. And at the time of the auction it was the ONLY proof 50 cent bearing Machin’s portrait of Queen Elizabeth II and dated 1984 or earlier. The PCGS population report at the time of writing showed 490 proof 50 cent coins dated earlier than 1985 and this coin is just one of those. Clearly a rare beast indeed! And given the number of coins graded to achieve this single PR70, likely to remain a rare beast for some time to come.

Numisbid

So why did someone pay this for a common date proof coin? Well, clearly they are dedicated and driven collector, and a strong supporter of third party graded coins, and PCGS graded coins in particular. And it wouldn’t surprise us if the buyer is a big player in the PCGS Registry Sets and that this coin had given them a lead in a number of different sets. Congratulations to the new owner of the coin, kudos to the person who had it graded, and well done to Numisbid for helping to achieve the record price.

Posted in Collecting Coins, Investing in Coins
Numis BidPrices Realised

Numis Fmv

NumisBid Auction #882 May 2020 11:30 amTotal Realised: AUD 47,569.51SaturdayMiscellaneous9812:00 pmDecimal Coins84:00 pmDecimal Proof Coins505:00 pmPre-Decimal Coins787:00 pmPre-Decimal Proof Coins108:00 pmNumisBid Auction #8710 November 2019 10:30 amTotal Realised: AUD 81,126.49SundayMiscellaneous35011:00 amDecimal Coins194:00 pmDecimal Proof Coins1164:15 pmSilver Rounds385:00 pmPre-Decimal Coins2227:00 pmMondayFlorins757:00 pmCrowns37:30 pmMiscellaneous Decimal Proofs47:35 pmPre-Decimal Proof Coins387:40 pmNumisBid Auction #8614 July 2019 6:30 pmTotal Realised: AUD 67,130.70SundayMiscellaneous Issues317:00 pmAustralia497:10 pmAustralian and World Gold67:30 pmWorld Minors537:40 pmNumisBid Auction #8531 March 2019 10:30 amTotal Realised: AUD 73,208.00Miscellaneous Australian Coins25611:00 amMiscellaneous Australian Banknotes322:00 pmMiscellaneous World Coins462:30 pmWorld1643:00 pmAustralian Pre-Decimal817:00 pmAustralian Decimal218:00 pmNumisBid Auction #8425 November 2018 12:00 pmTotal Realised: AUD 95,364.71Miscellaneous Australian Coins28612:30 pmMiscellaneous World Coins1503:00 pmAustralian Pre-Decimal Coins697:00 pmAustralian Decimal Coins297:30 pmBelgium17:35 pmBritish West Africa67:40 pmChina37:45 pmFrance47:50 pmFrench Indo China37:55 pmGermany27:58 pmGreat Britain128:00 pmHong Kong108:10 pmIndia118:15 pmJamaica48:20 pmJapan18:25 pmMauritius28:30 pmSarawak48:35 pmSouth Africa28:38 pmStraits Settlements88:40 pmThailand218:45 pmNumisBid Auction #8324 October 2018 6:30 pmTotal Realised: AUD 12,558.94WednesdayMiscellaneous97:00 pmGold Coins17:04 pmPre-Decimal Proof Coins317:05 pmCrowns27:15 pmFlorins497:16 pmShillings347:30 pmSixpences87:45 pmThreepences297:50 pmPennies188:00 pmHalf Pennies238:15 pmWorld Coins258:30 pmThursdayProof One Dollars17:00 pmProof Fifty Cents167:01 pmProof Twenty Cents137:05 pmProof Ten Cents127:10 pmProof Five Cents117:15 pmProof Two Cents137:20 pmProof One Cents117:25 pmOther Australian Coins57:30 pmFifty Cents27:32 pmTwenty Cents27:33 pmTen Cents17:34 pmFive Cents47:35 pmTwo Cents97:36 pmNumisBid Signature Sale #526 August 2018 6:30 pmTotal Realised: AUD 72,622.30SundayAustralian Pre-Decimal Coins567:00 pmAustralian Decimal Coins97:25 pmCeylon17:30 pmChina57:31 pmGreat Britain187:32 pmHong Kong47:40 pmIndia17:42 pmMalaya17:43 pmMalaysia17:44 pmStraits Settlements227:45 pmThailand47:55 pmNumisBid Auction #8215 August 2018 6:30 pmTotal Realised: AUD 14,920.35WednesdayMiscellaneous107:00 pmGold Coins17:03 pmPre-Decimal Proof Coins177:05 pmCrowns17:10 pmFlorins97:11 pmShillings77:15 pmSixpences77:17 pmThreepences197:20 pmPennies147:30 pmHalf Pennies147:40 pmWorld Coins287:45 pmThursdayMint Product107:00 pmProof Two Dollars17:04 pmProof Fifty Cents527:06 pmProof Twenty Cents97:20 pmProof Ten Cents127:25 pmProof Five Cents57:30 pmProof Two Cents87:34 pmProof One Cents97:38 pmOther Australian Coins57:40 pmFifty Cents27:45 pmFive Cents37:48 pmTwo Cents107:49 pmNumisBid Auction #815 July 2018 6:30 pmTotal Realised: AUD 8,934.31Miscellaneous37:00 pmGold Coins37:01 pmPre-Decimal Proof Coins227:02 pmFlorins87:06 pmShillings57:08 pmSixpences47:10 pmThreepences107:15 pmPennies107:20 pmHalf Pennies97:25 pmWorld Coins247:30 pmFridayProof Fifty Cents77:00 pmProof Twenty Cents57:01 pmProof Ten Cents77:02 pmProof Five Cents57:03 pmProof Two Cents47:04 pmProof One Cents57:05 pmOther Australian Coins57:06 pmFifty Cents17:10 pmFive Cents17:13 pmTwo Cents67:14 pmNumisBid Auction #8030 May 2018 6:30 pmTotal Realised: AUD 15,478.95WednesdayMiscellaneous47:00 pmGold Coins47:01 pmPre-Decimal Proof Coins217:03 pmCrowns17:05 pmFlorins257:10 pmShillings177:20 pmSixpences157:25 pmThreepences267:30 pmPennies217:40 pmHalf Pennies147:45 pmWorld Coins257:50 pmFridayProof One Dollars17:00 pmProof Fifty Cents117:01 pmProof Twenty Cents57:02 pmProof Ten Cents97:05 pmProof Five Cents77:10 pmProof Two Cents77:15 pmProof One Cents67:20 pmOther Australian Coins77:25 pmOne Dollars17:26 pmFifty Cents27:27 pmFive Cents17:28 pmTwo Cents57:30 pmOne Cents17:35 pmNumisBid Signature Sale #420 May 2018 6:30 pmTotal Realised: AUD 68,525.26SundayAustralian Pre-Decimal Coins537:00 pmAustralian Decimal Coins137:05 pmBhutan17:06 pmBritish North Borneo27:07 pmBritish West Africa17:08 pmCambodia17:09 pmCeylon97:11 pmEast Africa17:12 pmFinland17:13 pmFrench Indochina37:14 pmGreat Britain67:15 pmGuernsey17:18 pmHong Kong227:20 pmMalaya67:28 pmNew Guinea27:38 pmNew Zealand257:40 pmRussia27:42 pmSouth Africa37:48 pmStraits Settlements77:50 pmThailand17:55 pmVietnam18:00 pmNumisBid Auction #792 May 2018 6:30 pmTotal Realised: AUD 22,031.88WednesdayMiscellaneous37:00 pmGold Coins167:05 pmPre-Decimal Proof Coins267:10 pmCrowns27:20 pmFlorins147:22 pmShillings127:30 pmSixpences117:35 pmThreepences197:40 pmPennies217:50 pmHalf Pennies238:00 pmThursdayWorld Coins306:59 pmProof Two Dollars17:00 pmProof One Dollars57:01 pmProof Fifty Cents197:02 pmProof Twenty Cents67:10 pmProof Ten Cents137:12 pmProof Five Cents107:15 pmProof Two Cents77:20 pmProof One Cents97:25 pmOther Australian Coins57:30 pmOne Dollars37:32 pmFifty Cents67:34 pmTwenty Cents17:37 pmTen Cents27:38 pmFive Cents77:39 pmTwo Cents77:40 pmOne Cents27:45 pmNumisBid Auction #7828 March 2018 6:30 pmTotal Realised: AUD 31,909.42NumisBid Signature Sale #311 March 2018 6:30 pmTotal Realised: AUD 77,539.69NumisBid Auction #777 February 2018 6:30 pmTotal Realised: AUD 16,295.37NumisBid Auction #763 January 2018 6:30 pmTotal Realised: AUD 14,768.97NumisBid Signature Sale #219 November 2017 6:30 pmTotal Realised: AUD 59,247.09NumisBid Auction #7515 November 2017 6:30 pmTotal Realised: AUD 25,571.02NumisBid Auction #7410 October 2017 6:30 pmTotal Realised: AUD 17,444.39NumisBid Auction #7312 September 2017 6:30 pmTotal Realised: AUD 24,174.46NumisBid Signature Sale #120 August 2017 6:30 pmTotal Realised: AUD 69,452.05NumisBid Auction #7216 August 2017 6:30 pmTotal Realised: AUD 28,436.38World Coin Auction #146 August 2017 6:30 pmTotal Realised: AUD 1,866.76NumisBid Auction #7112 July 2017 6:30 pmTotal Realised: AUD 28,031.63World Coin Auction #1318 June 2017 6:30 pmTotal Realised: AUD 1,613.66NumisBid Auction #7014 June 2017 6:30 pmTotal Realised: AUD 32,591.89NumisBid Auction #6917 May 2017 6:30 pmTotal Realised: AUD 43,034.68NumisBid Auction #6819 April 2017 6:30 pmTotal Realised: AUD 48,951.88World Coin Auction #1216 April 2017 6:30 pmTotal Realised: AUD 13,454.41NumisBid Auction #6722 March 2017 6:30 pmTotal Realised: AUD 41,237.27World Coin Auction #1112 March 2017 6:30 pmTotal Realised: AUD 2,689.70NumisBid Auction #6622 February 2017 6:30 pmTotal Realised: AUD 77,813.78World Coin Auction #1029 January 2017 6:30 pmTotal Realised: AUD 2,041.10NumisBid Auction #6525 January 2017 6:30 pmTotal Realised: AUD 61,446.20World Coin Auction #920 December 2016 6:30 pmTotal Realised: AUD 1,728.06NumisBid Auction #6414 December 2016 6:30 pmTotal Realised: AUD 60,059.03World Coin Auction #820 November 2016 6:30 pmTotal Realised: AUD 1,884.28NumisBid Auction #6316 November 2016 6:30 pmTotal Realised: AUD 110,462.18World Coin Auction #730 October 2016 6:30 pmTotal Realised: AUD 1,358.70NumisBid Auction #6226 October 2016 6:30 pmTotal Realised: AUD 43,281.16NumisBid Auction #6121 September 2016 6:30 pmTotal Realised: AUD 108,784.94World Coin Auction #618 September 2016 6:30 pmTotal Realised: AUD 10,159.18NumisBid Auction #6017 August 2016 6:30 pmTotal Realised: AUD 94,104.91World Coin Auction #531 July 2016 6:30 pmTotal Realised: AUD 11,071.46NumisBid Auction #5920 July 2016 6:30 pmTotal Realised: AUD 194,177.15World Coin Auction #426 June 2016 6:30 pmTotal Realised: AUD 3,832.87NumisBid Auction #5822 June 2016 6:30 pmTotal Realised: AUD 45,133.22NumisBid Auction #5724 May 2016 6:30 pmTotal Realised: AUD 116,345.47World Coin Auction #322 May 2016 2:30 pmTotal Realised: AUD 6,955.80NumisBid Auction #5628 April 2016 6:30 pmTotal Realised: AUD 84,696.68NumisBid Auction #5523 March 2016 6:30 pmTotal Realised: AUD 88,392.27NumisBid Auction #5424 February 2016 6:30 pmTotal Realised: AUD 46,076.38NumisBid Auction #5327 January 2016 6:00 pmTotal Realised: AUD 42,885.33NumisBid Auction #529 December 2015 6:30 pmTotal Realised: AUD 44,731.25World Coin Auction #26 December 2015 11:30 amTotal Realised: AUD 6,968.62NumisBid Auction #5111 November 2015 6:00 pmTotal Realised: AUD 79,582.05Sunday Internet Sale #261 November 2015 6:30 pmTotal Realised: AUD 3,153.34NumisBid Auction #5021 October 2015 5:30 pmTotal Realised: AUD 42,110.44Sunday Internet Sale #2518 October 2015 6:30 pmTotal Realised: AUD 1,894.66Sunday Internet Sale #244 October 2015 5:30 pmTotal Realised: AUD 1,260.23NumisBid Auction #4923 September 2015 5:30 pmTotal Realised: AUD 88,224.31Sunday Internet Sale #2320 September 2015 6:30 pmTotal Realised: AUD 1,857.02World Coin Auction #113 September 2015 10:30 amTotal Realised: AUD 1,513.07Sunday Internet Sale #226 September 2015 6:30 pmTotal Realised: AUD 1,548.96NumisBid Auction #4826 August 2015 5:30 pmTotal Realised: AUD 108,210.19Sunday Internet Sale #2123 August 2015 6:30 pmTotal Realised: AUD 1,485.62Sunday Internet Sale #209 August 2015 6:30 pmTotal Realised: AUD 2,140.30NumisBid Auction #4730 July 2015 5:30 pmTotal Realised: AUD 95,643.56Sunday Internet Sale #1926 July 2015 6:30 pmTotal Realised: AUD 2,462.94Sunday Internet Sale #1812 July 2015 6:30 pmTotal Realised: AUD 2,393.11Sunday Internet Sale #1728 June 2015 6:30 pmTotal Realised: AUD 2,340.32Sunday Internet Sale #1614 June 2015 6:20 pmTotal Realised: AUD 2,100.60NumisBid Auction #464 June 2015 6:30 pmTotal Realised: AUD 104,738.43Sunday Internet Sale #1531 May 2015 6:30 pmTotal Realised: AUD 1,948.40Sunday Internet Sale #1417 May 2015 6:30 pmTotal Realised: AUD 1,576.49NumisBid Auction #457 May 2015 6:30 pmTotal Realised: AUD 106,581.41Sunday Internet Sale #133 May 2015 6:25 pmTotal Realised: AUD 1,739.93Sunday Internet Sale #1219 April 2015 6:25 pmTotal Realised: AUD 1,727.08NumisBid Auction #448 April 2015 6:30 pmTotal Realised: AUD 241,425.32Sunday Internet Sale #115 April 2015 6:20 pmTotal Realised: AUD 1,351.76Sunday Internet Sale #1022 March 2015 6:25 pmTotal Realised: AUD 1,448.31NumisBid Auction #4318 March 2015 6:30 pmTotal Realised: AUD 50,302.11Sunday Internet Sale #98 March 2015 6:20 pmTotal Realised: AUD 1,334.13NumisBid Auction #4225 February 2015 6:30 pmTotal Realised: AUD 85,420.86Sunday Internet Sale #822 February 2015 6:20 pmTotal Realised: AUD 1,651.18Sunday Internet Sale #78 February 2015 7:35 pmTotal Realised: AUD 1,151.60NumisBid Auction #4128 January 2015 6:30 pmTotal Realised: AUD 75,891.38Sunday Internet Sale #625 January 2015 6:20 pmTotal Realised: AUD 1,736.45Sunday Internet Sale #511 January 2015 7:20 pmTotal Realised: AUD 1,702.59Sunday Internet Sale #428 December 2014 6:15 pmTotal Realised: AUD 2,260.63Sunday Internet Sale #37 December 2014 6:15 pmTotal Realised: AUD 2,942.02NumisBid Auction #403 December 2014 6:30 pmTotal Realised: AUD 70,739.22Sunday Internet Sale #223 November 2014 6:00 pmTotal Realised: AUD 4,831.02NumisBid Auction #3912 November 2014 6:30 pmTotal Realised: AUD 84,972.94Sunday Internet Sale #126 October 2014 6:00 pmTotal Realised: AUD 3,695.13NumisBid Auction #388 October 2014 6:30 pmTotal Realised: AUD 80,408.80NumisBid Auction #3717 September 2014 6:30 pmTotal Realised: AUD 66,415.81NumisBid Auction #3620 August 2014 6:30 pmTotal Realised: AUD 66,752.86NumisBid Auction #3523 July 2014 6:30 pmTotal Realised: AUD 68,221.30NumisBid Auction #3419 June 2014 6:30 pmTotal Realised: AUD 68,351.23NumisBid Auction #3328 May 2014 6:30 pmTotal Realised: AUD 26,553.67NumisBid Auction #327 May 2014 6:30 pmTotal Realised: AUD 74,477.51NumisBid Auction #3126 March 2014 6:30 pmTotal Realised: AUD 80,427.29NumisBid Auction #3026 February 2014 6:30 pmTotal Realised: AUD 58,952.57NumisBid Auction #2929 January 2014 6:30 pmTotal Realised: AUD 93,472.59NumisBid Auction #284 December 2013 6:30 pmTotal Realised: AUD 72,395.66NumisBid Auction #2713 November 2013 6:30 pmTotal Realised: AUD 77,827.17NumisBid Auction #263 October 2013 6:30 pmTotal Realised: AUD 38,544.37NumisBid Auction #2512 September 2013 6:30 pmTotal Realised: AUD 48,467.32NumisBid Auction #2415 August 2013 6:30 pmTotal Realised: AUD 45,487.77NumisBid Auction #2325 July 2013 6:30 pmTotal Realised: AUD 55,937.78NumisBid Auction #226 June 2013 6:30 pmTotal Realised: AUD 94,286.88NumisBid Auction #2117 April 2013 6:30 pmTotal Realised: AUD 30,823.74NumisBid Auction #2021 March 2013 6:30 pmTotal Realised: AUD 66,871.21NumisBid Auction #197 February 2013 6:30 pmTotal Realised: AUD 23,429.17NumisBid Auction #1813 December 2012 6:30 pmTotal Realised: AUD 36,390.96NumisBid Auction #177 November 2012 6:30 pmTotal Realised: AUD 22,581.78NumisBid Auction #167 October 2012 6:30 pmTotal Realised: AUD 10,045.95NumisBid Auction #157 September 2012 6:30 pmTotal Realised: AUD 41,071.82NumisBid Auction #147 August 2012 6:30 pmTotal Realised: AUD 19,658.00NumisBid Auction #137 July 2012 6:30 pmTotal Realised: AUD 35,792.95NumisBid Auction #1231 May 2012 6:30 pmTotal Realised: AUD 10,677.13NumisBid Auction #1130 April 2012 6:30 pmTotal Realised: AUD 8,841.31NumisBid Auction #1031 March 2012 6:30 pmTotal Realised: AUD 6,498.29NumisBid Auction #929 February 2012 6:30 pmTotal Realised: AUD 6,491.94NumisBid Auction #831 January 2012 6:30 pmTotal Realised: AUD 5,132.28NumisBid Auction #77 January 2012 6:30 pmTotal Realised: AUD 4,923.61NumisBid Auction #630 November 2011 6:30 pmTotal Realised: AUD 7,358.29NumisBid Auction #531 October 2011 6:30 pmTotal Realised: AUD 3,636.78NumisBid Auction #430 September 2011 6:30 pmTotal Realised: AUD 3,721.07NumisBid Auction #331 August 2011 6:30 pmTotal Realised: AUD 3,874.84NumisBid Auction #21 August 2011 6:30 pmTotal Realised: AUD 4,073.41NumisBid Auction #130 June 2011 6:30 pmTotal Realised: AUD 3,650.46