Check Your Shrapnel Collection Pronto Because This $1 Coin Could Be Worth Over $1000

$999 over face value


Article heading image for Check Your Shrapnel Collection Pronto Because This $1 Coin Could Be Worth Over $1000

Christmas has come and gone and if you're like the rest of us, you're in need of a cash refill. Well, we may have found a way for you to make some quick money.

There is a rogue $1 coin floating around Australia that could be worth at least $1000.

The $1/10c mule coin, created in 2000, is worth much more than its face value, with some being sold for more than $2,700 on eBay, according to coin collectors.

The coin must bear the year 2000 on it, as well as some other characteristics after it was mistakingly minted incorrectly.

'The mule was made when a technician at the Mint in Canberra accidentally paired the mob of 'roos dollar reverse with the Queen's head obverse, normally used for the 10 cent piece,' an Australian coin collecting blog clarified.

In fact, the coin is so rare that it has fetched up to $8,500 on Ebay for one coin alone!

While rummaging through your coin collection, this is what you got to look for:

 

  • The Australian $1/10 mule coin is worth thousands more than its face value 
  • The thicker than usual coin is being sold on eBay for more than than $2,700
  • The coin is the product of a technician's error at the Royal Australian Mint
  • It must bear the year 2000 and has a double rim on the Queen's side of the coin 

Happy hunting.

 

 

Ryan Warren

18 December 2017

Article by:

Ryan Warren




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