At The Block: What treasures will be found in Downies coin Auction 314?

The second sale in Downies Australian Coin Auctions’ 50th anniversary year is ramping up. Viewings commenced on Tuesday the 3rd of July and are currently underway, with Sale 314 itself running from July 9th to 11th. Interest is obviously high thanks to the ongoing anniversary celebrations, but there is another reason. In the first sale of the year, Sale 313, two extremely rare, if not unique, previously undiscovered  mules* were found – an numismatists around the globe wait with bated breath to see if a similar discovery will be made in Sale 314.

The first of the two mules in question was a halfpenny mule with a British obverse partnered with a New Zealand reverse, dated 1965 and graded brown EF, is pictured below:

Halfpenny 1965 muled with British Halfpenny obverse

The second, truly astonishing, mule was an Australian 50c piece with the appropriate 1977 Elizabeth II obverse, but the standard Stuart Devlin coat of arms reverse. Every 1977 50c piece was intended to bear a special commemorative design to celebrate the silver jubilee of the Queen and the coin in question simply should not exist – and there are no records in standard collecting guides of it doing so prior to Sale 313 this year.

Fifty Cents 1977 coat-of-arms reverse instead of the normal silver jubilee reverse (weight 15.41gms)

Esteemed numismatic writer Dr. Kerry Rodgers recently wrote an excellent article on the matter – published on Numismaster.com here.

As for Sale 314 – what will it bring? Could Australian numismatics be lucky enough to discover yet more heretofore unknown rarities? Let us know what you think in the comments.

*For those who are wondering, in numismatics a ‘mule’ is a coin “whose obverse die is not matched with its official or regular reverse die” (take from McDonald’s Coin guide).

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