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The magnetic properties of the new phase (Cr0.5Mn0.5)2AuC are compared to the known MAX-phase (Cr0.5Mn0.5)2GaC, where the former was synthesized by thermally induced substitution reaction of Au for Ga in (Cr0.5Mn0.5)2GaC. The reaction introduced a lattice expansion of ∼3% along the c-axis, an enhancement of the coercive field from 30 mT to 140 mT, and a reduction of the Curie temperature and the saturation magnetization. Still, (Cr0.5Mn0.5)2AuC displays similar features in the magnetic field- and temperature-dependent magnetization curves as previously reported magnetic MAX phases, e.g., (Cr0.5Mn0.5)2GaC and (Mo0.5Mn0.5)2GaC. The work suggests a pathway for tuning the magnetic properties of MAX phases.