The aim of this research was an analysis of physicochemical properties of a ceramic high-temperature superconductor Er0.5Dy0.5Ba2Cu3O6.83. Qualitative and quantitative phase analysis of the raw material sintering and annealing in oxygen atmosphere was performed by method of X-ray diffraction. The structural analysis revealed that the high-temperature superconductors mainly crystalize in orthorhombic phase with small traces of BaCuO2 and CuO. Local microstructure analysis was carried out by scanning electron microscopy. The thermogravimetric and differential thermal analysis show that in addition to the presence of the main phase, other phases are also observed. Critical temperatures Tc0 and Tc, critical current density Jc and superconducting transition width ∆T were evaluated from resistance and AC susceptibility measurements.