Check your wallets now! The rare 50 cent piece that is now worth $250

A rare 50 cent coin with spectacular colours highlighting its coat of arms has been valued at up to 400 times its face value.

The 2012 hyper-metallic coin is distinct from other coins as the kangaroo, emu, shield, wreath, star and the number 50 are in different colours.

The Royal Australian Mint only made 58,554 coins and they were released as part of a set, bringing the value of the rare coin to more than $200.

The collection included six coins and sold for $32.50. Collectors were not able to purchase the coin separately at the time. 

Perth coin expert Joel Kandiah posted to TikTok on Thursday that ‘the hyper-metallic coloured design’ of the coin is a ‘stunning reinvigoration of the classic Coat of Arms’.

‘This is one of the most valuable 50 cent coins to exist,’ he said.

‘The coin is selectively coloured to highlight the different elements of Australia’s Coat of Arms to make this an absolutely striking piece of art.’

Mr Kandiah said the high value of the coin was ‘no surprise’ given how beautiful it is. 

Currently on eBay, the rare coin is selling for as much as $250, Yahoo reported.

But Australians have the opportunity of coming across another rare 50 cent piece.

Victorian-based coin dealer, Downies Collectables, recently sold a rare 1988 50cent coin for an eye-watering $14,750.

All coins which were minted in 1988 should have had a First Fleet boat with the dates 1788-1988 to commemorate the bicentenary. 

But some were accidentally made with the standard coat of arms, making them valuable.

It is understood only two of the ‘excessively rare’ coins are in circulation – but more could exist.

If Australians don’t come across one of these rare coins in their spare change, another 50 cent coin could potentially make money.

The round 50 cent coin are now worth $15 due to their high silver content, which the mint made between February 14, 1966 and March 1968. 

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