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All 50c coins minted that year were supposed to display a First Fleet ship and the dates 1788-1988 to acknowledge the bicentenary. But an unknown number of those were wrongly minted.
bicentennial coin, Collectables
Coin - 50 Cents, Australian Bicentenary, Australia, 1988
1988 50 Cents
is this a rare coin or nah? : r/aus
1988 Half Dollar - Canada
Peter Vincent: All their latest coverage - Page 2
Rare 50c coin from 1988 minted to celebrate bicentenary worth $15,000
Australian 50 Cent Coins
1988 TALL SHIP 50c Coin / Lightly Circulated VG $7.65 - PicClick AU
Australian Mint Coins: A Treasury of Numismatic Excellence
Rare 50c coin from 1988 minted to celebrate bicentenary worth $15,000
1988 Half Dollar - Canada
$2 1988 Silver Proof - Wynyard Coin Centre – M.R.Roberts - Wynyard Coin Centre